Commodity market report

France gas markets long-term outlook H1 2016

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Report summary

The French power market is highly dependent on nuclear generation, but a lower European gas price outlook and a policy push to reduce nuclear’s contribution will increase the call on gas-fired power generation post 2020. The consequent increase in gas demand will be met by higher LNG imports - including at the new Dunkirk terminal - as piped imports from Norway and Netherlands decrease.

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