Pipeline, LNG supply to Europe up in April as gas injections soar

Pipeline gas supply to Europe rose by 5% year on year in April 2017 to 26.1 billion cubic metres, according to grid operator data collated by ICIS. This marked the seventh consecutive month of annual growth in piped imports, although the total was down by 4% compared to the month before.

The rising supply failed to pressure hub prices, with the TTF day-ahead contract gaining 6% across the month due to unseasonably cool conditions and high storage injections.

ICIS looks at the key drivers behind the rising pipeline imports, and the changing trends observed in the key producers of Russia, Norway and North Africa. ICIS also examines how LNG supply to Europe has changed during a month which has seen a flurry of vessels berth at northwest European terminals.

Complete your details to access the market highlight now

All fields are required

Hello ! (Not you?)

We want to keep you up-to-date with what’s happening at ICIS* and tell you about our latest products and other services. We may email you about information we think you’ll be interested in, including selected articles and reminders about forthcoming events. If you do not wish to receive such information please tick the box to opt out of these emails

*ICIS is a trade name of Reed Business Information Limited. By registering your details, you understand that your personal data will be handled according to our Privacy Policy.