Commodity market report
| |
28 Pages

Europe gas markets long-term outlook – H1 2015


Europe gas markets long-term outlook – H1 2015

Report summary

The European gas market is going through profound changes, driven by policy decisions as well as an environment of very challenging market fundamentals, with the on-going Russia-Ukraine crises adding further uncertainty. How these changes play out will dictate how the European market - and ultimately prices - will evolve going forward


What's included?

This report includes 2 file(s)

  • Europe gas markets long-term outlook – H1 2015 PDF - 716.08 KB 28 Pages, 0 Tables, 28 Figures
  • Global Gas Markets - Europe - H1 2015.xls XLS - 678.00 KB

Description

Volatility in oil markets and the growth of unconventional gas supply have created a high degree of uncertainty about future gas demand and the direction of gas prices.

This Gas Markets Long Term Outlook report forecasts future pricing, based on deep analysis of gas supply and demand fundamentals. Additionally, it addresses complex questions on gas flows, identifies future opportunities and informs fuel purchasing strategies.

Participants and investors can use this long term outlook report to understand gas markets and assess the impact of global gas dynamics and key market drivers.

Wood Mackenzie provides detailed supply, demand and price forecasts based on our integrated upstream, power, coal and LNG research. Our regional gas experts are based in the markets they analyse, providing comprehensive analyses of regional and global gas markets.

If you want to understand complex gas market dynamics and plan for the future, Wood Mackenzie is the premier resource to help you gain a clear, competitive advantage.

  • Executive summary
  • Economic outlook
  • Policy and regulation
    • Dimension 1: Energy security, solidarity and trust
      • Main projects and initiatives:
      • Security of supply
    • Dimension 2. A fully integrated internal energy market
      • Main projects and initiatives:
      • Internal market
      • Competition
      • Anti-trust enforcement
    • Dimension 3. Decarbonising the economy
      • Main projects and initiatives:
      • Renewable energy targets
      • CO2 emission targets
    • Dimension 4. Energy efficiency
      • Main projects and initiatives:
      • Energy efficiency targets
    • Dimension 5. Research, Innovation and Competitiveness
      • Main projects and initiatives
  • Demand
    • Gas demand by sector
  • Supply
    • Domestic gas supply
    • In the long-term European shale disappoints and decline accelerates
  • Infrastructure
    • LNG import infrastructure
      • Existing infrastructure
      • Projects under construction
      • Pre-FID projects
      • Other Services
    • Piped import infrastructure
    • Russia
      • Turkish Stream
      • Nord Stream expansion
      • Others
    • North Africa
      • Galsi
      • Green Stream expansion
      • Southern corridor
  • Contracts
    • LNG
    • Piped
  • Costs
    • Long run delivered costs of gas to North West Europe
  • Supply-demand balances
    • Supply-demand balances
    • Flow dynamics – Russia
    • Flow dynamics – Norway
    • Flow dynamics – Algeria
    • Flow dynamics – Southern Corridor
    • Flow dynamics – LNG
  • Risks and uncertainties

In this report there are 28 tables or charts, including:

  • Executive summary
  • Economic outlook
    • Q1 2015 GDP growth (2010-2035)
  • Policy and regulation
    • Energy Union package
  • Demand
    • Demand: Image 1
    • Capacity growth by fuel*
    • Power generation mix*
  • Supply
    • Supply: Image 1
  • Infrastructure
    • Key infrastructure
    • Regas capacity by status
    • Regas capacity and contracted volumes
    • Pipe capacity
    • Pipe capacity and contracted volumes
  • Contracts
  • Costs
    • Costs: Image 1
  • Supply-demand balances
    • Europe supply-demand gap
    • Europe contestable demand and competing supply
    • Europe demand and supply mix
    • Europe contestable demand and supply mix
    • Supply-demand balances: Image 5
    • Supply-demand balances: Image 6
    • Supply-demand balances: Image 7
    • Supply-demand balances: Image 8
    • Algeria contracted and uncontracted flows into Europe
    • Algeria flows by major pipelines into Europe
    • Turkey demand and supply (including transit)
    • Southern Corridor flows (transiting Turkey)
    • Contracted and flexible LNG flows into Europe by importing regions
    • Total LNG flows into Europe by importing regions
    • Contracted and flexible LNG flows into Europe by exporting regions
    • Total LNG flows into Europe by exporting regions
  • Risks and uncertainties
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.