Insight
2024 Europe Gas Year in Review
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Supply disruption threats and geopolitical tensions contributed to rising prices throughout 2024. TTF rose from US$9.50/mmbtu at the start of the year to US$13.75/mmbtu by year-end as colder weather and low wind output raised demand requirements. Central and Eastern European markets maintained a premium to TTF due to risks surrounding transit flows through Ukraine. LNG imports into Europe declined compared to 2023, as stronger Norwegian output and Russian flows offset LNG demand.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Gassled-Franpipe Pipeline and Terminal
The Franpipe pipeline (formerly known as Norfra) was constructed in response to an increasing demand for gas in continental Europe.
$2,580
Asset Report
Gassled-Zeepipe Terminal Zeebrugge
The Zeebrugge terminal receives gas, via Zeepipe, from fields such as Troll and Sleipner.
$2,580
Asset Report
Gassled-Europipe I
Europipe I runs 660 kilometres from the Draupner-E riser platform, to a receiving terminal at Dornum in Germany.
$2,580
