Insight
Northwest Europe’s gas storage paradox
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Less than 4 bcm of gas remained in the storage stocks of Northwest Europe (ex. UK) after the 2017/2018 heating season. This raised injection needs, which in turn increased the summer contract price, further eroding summer-winter spreads and the market value of gas storage. Paradoxically, it seems that the more storage has been utilised during the heating season the less it is valued by the market at the beginning of the next injection season. This Insight argues that to break this paradox the systemic value of gas storage should be recognised.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Country Report
Poland upstream summary
Central and Eastern Europe's third-largest producer - Poland has a rich upstream history and has produced oil and gas for over 150 ...
$4,080
Country Report
Ukraine upstream summary
Gas output remains resilient during wartime conditions - Despite the damage to critical infrastructure since Russia's invasion, ...
$4,080
Asset Report
TPAO Gabar Mountain fields
TPAO, Türkiye's state energy firm, operates the giant Sehit Esma Cevik and Sehit Aybuke Yalcin oil fields in the Gabar ...
$3,720
