Annual Gas Market Pricing and Dynamics 2016
May 16 - 17, 2016
Berlin , Allemagne
Relate flexibility, storage, security of supply, and the impact of the LNG market to European gas pricing mechanisms
EU gas consumption declined by 20% in the first half of 2014 relative to the year before mainly driven by warm weather. Gas imports were down by 9% over the same period. Thus, Europe’s ability to soak up surplus flexible LNG volumes will become an important driver of global pricing dynamics through the current period of global oversupply. The volume of LNG flow into Europe will influence absolute hub price levels. The profiling of flow patterns will also impact summer/winter hub price spreads and price volatility. Across the space of the last six months, the evolution of the global LNG market has rapidly taken centre stage as a future driver of the European gas market.
EU gas consumption declined by 20% in the first half of 2014 relative to the year before mainly driven by warm weather. Gas imports were down by 9% over the same period. Thus, Europe’s ability to soak up surplus flexible LNG volumes will become an important driver of global pricing dynamics through the current period of global oversupply. The volume of LNG flow into Europe will influence absolute hub price levels. The profiling of flow patterns will also impact summer/winter hub price spreads and price volatility. Across the space of the last six months, the evolution of the global LNG market has rapidly taken centre stage as a future driver of the European gas market.
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Evénements Liés
Annual Gas Market Pricing and Dynamics May 16 - 17, 2016
