Commodity market report
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30 Pages

Italy gas markets long-term outlook H1 2014

Italy gas markets long-term outlook H1 2014

Report summary

Reduced imports from Algeria, a consequence of contract renegotiation between Sonatrach and Eni, have kept the Italian market finely balanced and maintained PSV at a premium to NW European hubs. This is expected to come to an end beyond 2019 when new pipe and LNG supply will result in the market being oversupplied, with the potential for the PSV to trade at a discount to other European hubs.

What's included?

This report includes 2 file(s)

  • Italy gas markets long-term outlook H1 2014 PDF - 1.05 MB 30 Pages, 10 Tables, 25 Figures
  • EGAPS Italy Gas H1 2014.xls XLS - 1.00 MB


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
    • Recent Trends
    • Short/Mid term outlook summary (2014- 2017)
    • Long term outlook summary (2018- 2030)
  • Economic outlook
    • GDP forecast – Italy
  • Market structure
  • Policy and regulation
    • National Energy Plan (2013)
    • Capacity reward mechanism
  • Demand
    • Recent events and short term outlook
    • Forecast summary
    • Non-power demand
      • Commercial
      • Industrial
      • Other
  • Supply
  • Infrastructure
    • Existing gas infrastructure
      • Existing LNG infrastructure
      • Existing pipeline infrastructure
      • Existing gas storage infrastructure
    • New infrastructure
      • New pipeline infrastructure
      • New LNG infrastructure
      • New storage infrastructure
  • Contracts
    • Piped imports: historical flows and contracts
      • Recent trends
  • Supply-demand balances
  • Costs
    • Tariffs
      • LNG Tariffs
      • Transportation Tariffs
  • Prices
    • Gas trading and price development
    • Italian price forecast
    • Consumer prices
  • Margins
    • Household Sector
    • Industrial sector

In this report there are 35 tables or charts, including:

  • Executive summary
    • Italy gas price forecast
    • Gas flows into Italy
  • Economic outlook
    • Q1 2014 Economic indicators (2005-2030)
    • Economic outlook: Image 1
  • Market structure
    • Italian gas network
  • Policy and regulation
    • Key offices
  • Demand
    • Demand: Image 1
    • Contribution to growth H1 2014 - all sectors (2014-30)
    • Non power gas demand by sector (2014-2030)
  • Supply
    • Supply: Image 1
  • Infrastructure
    • Infrastructure: Image 1
    • Existing import capacity
    • Existing export capacity
    • Forecast import capacity
    • Forecast export capacity
    • Planned gas storage (volume in mcm)
  • Contracts
    • Historical piped imports
    • Italy contracted piped imports
    • Historical LNG imports
    • Italy Contracted LNG imports
  • Supply-demand balances
    • Supply demand gap
    • Gas flows into Italy
  • Costs
    • Costs: Image 1
    • Costs: Table 1
    • Costs: Table 2
    • Costs: Table 3
    • Costs: Table 4
    • Costs: Table 5
    • Costs: Table 6
    • Costs: Table 7
  • Prices
    • Annual gas prices (real 2014)
    • Historical consumer prices (2007-2013)
    • Household sector cost breakdown
  • Margins
    • Household sector gross margins (2007-2013)
    • Industrial sector gross margins (2007-2013) based on Qe wholesale price
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