Energy crisis: Impact on European gas markets (10 June)

Strong LNG imports continue to break records chasing persistent concerns over Russian supply disruption and weak Asian demand. Storage injections set their own records in May as warm European weather holds down demand. In our ninth Energy crisis: Impact on European gas markets report, we explore the following: • Impact of continued concerns over Russian supply disruption • How weak Asian demand has supported continued LNG imports to Europe • The effect of weather dynamics and the power supply mix on power and non-power gas demand • European storage inventory and withdrawals relative to the 5-year average