Insight
Pegged apart: French gas prices, a north-south divide
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In recent years, there has been a disconnect in French gas prices, with with prices in the south of the country trading at a premium. The key driver for this lack of North-South transmission capacity, which leaves the south more exposed to global LNG dynamics and subject to influence from the Spanish market. There are plans to upgrade capacity and introduce other measures to create a single French gas market to ease this problem, but these are not expected before 2018.
Table of contents
- Executive Summary
- Why does PEG Sud trade at a premium?
- Why were prices so high in December 2013?
-
- Upgrading North-South physical capacity will ease situation from 2018
- Regulatory measures implemented to manage situation
- Spanish demand volatility and LNG availability continue to provide upside price risk
- Conclusion
Tables and charts
This report includes the following images and tables:
- France gas zones map
- PEG price spread vs Flows
- Spanish power supply and prices
What's included
This report contains:
Other reports you may be interested in
Asset Report
Gorm-Fredericia Oil Pipeline
The Gorm-Fredericia Oil Pipeline is the main trunkline to shore in the Danish sector of the North Sea. It serves all of the producing ...
$2,580
Asset Report
Ekofisk Area-Embla
Embla is an oil and gas field located to the south of the Ekofisk Area and to the northwest of Valhall.
$3,720
Asset Report
Gjøa Area
Gjøa Area includes the Gjøa and Hamlet fields in the Northern North Sea.
$5,280
