Commodity Market Report
Europe indigenous gas supply long-term outlook H2 2019
This report is currently unavailable
Report summary
European indigenous gas production declines through our forecast but there are bright spots across the region and companies continue to invest heavily in exploration and production. The UK and Romania offer contrasting views of the potential for significant discoveries across mature and frontier basins. Supportive fiscal terms will be vital to unlocking new fields as well as encouraging further development. But over the long-term, investment will compete with proven low-cost reserves in other regions, and political and regulatory hurdles will need to be addressed to encourage sustained investment in Europe.
Table of contents
- Expected closure ahead for Groningen
- The UK remains the largest producer through most of our forecast
- High hopes for Romania's Black Sea with new government in place
- Norway remains a key producer but faces challenges amidst the current oversupply
- Are there potential new opportunities elsewhere?
- Could Europe provide an alternative market for EastMed supply?
- EastMed pipeline participants retain ambitions for 2022 FID following non-binding supply deal
- Greenfield liquefaction facility in Cyprus cannot be ruled out
- Unconventional supply
- Future challenges and opportunities
Tables and charts
This report includes 6 images and tables including:
- Groningen production – WM H2 2019 Base Case
- UK Continental Shelf and gas fields
- UK gas production profile (2015-2040)
- Romania production by category (2015-2040)
- Cyprus exports to Egypt – WM 2019 Base Case Outlook
- Europe supply by status
What's included
This report contains:
Other reports you may be interested in
Country Report
Romania upstream summary
A long-standing onshore producer, with future growth from Black Sea gas - Romania is a large source of oil and gas supply. The vast ...
$3,400
Insight
Europe levelised cost of electricity 2023 (LCOE)
This report provides an analysis and outlook to 2050 for power technology and generation cost trends in Europe.
$15,000
Country Report
Serbia upstream summary
A medium-sized mature producer - Onshore operations date back to the mid-20th century. Oil and gas output peaked at more than 40,000 ...
$3,400