Insight
Energy crisis: Impact on European gas markets (17 Dec)
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Report summary
Record-breaking gas prices reflect market volatility and uncertainty this early into winter. Though Russian flows and LNG imports are up month-on-month, storage inventories currently sit where they normally would in mid-January. In our fifth Energy crisis: Impact on European gas markets report, we explore the following: - November vs December weather dynamics and the effect on gas demand - How the recent gas price rally has impacted switching economics in power - How much Russian gas is arriving in Europe and which routes are being utilised most - European inventory levels and aggregate withdrawals relative to the 5-year average - Which countries raised LNG sendout in Europe the most
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