Commodity market report

Spain gas markets long-term outlook H2 2015

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Report summary

The recovery in the Spanish economy during 2015 was stronger than expected with an annual GDP growth of 2.8% the highest registeredsince 2007. As a result Spanish gas demand in 2015was 29.4 bcm 1% above our H1 view.From 2016 onwards ourexpectation for gas demandgrowth has been revised downwardsacrosstheindustrial residential and power generationsectors. Despite lower prices less gas will be used for power generation in Spain particularly during the early 2020s. By 2035 we expect thatgas demandwill be 40.5 bcm just below the 41.2 bcm from our previous estimate.

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This report contains

  • Document

    EGAPS Spain Gas H2 2015.xls

    XLS 1003.50 KB

  • Document

    Spain gas markets long-term outlook H2 2015

    PDF 278.66 KB

  • Document

    Spain gas markets long-term outlook H2 2015

    ZIP 1.22 MB

  • Document

    Executive summary

    PDF 117.31 KB

Table of contents

  • Executive summary

Tables and charts

This report includes 2 images and tables including:

Images

  • Spain gas price forecast
  • Gas flows into Spain

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