Commodity market report

European gas markets long-term outlook - Highlights - H1 2016

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Report summary

Global gas fundamentals have shifted creating a lower for longer outlook for LNG spot pricing both in the Atlantic and Pacific. Wood Mackenzie believes that a significant tipping point has been reached whereby Russia is now incentivised to pursue market share in Europe. This is due to a combination of greater LNG supply availability to Europe lower coal prices and a higher US gas price. We outline the levers and the risks in this short note.

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    EES global gas markets - highlights - prices - h1 2016.xls

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    Executive summary

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