It looks to be an interesting year for European gas markets, with a number of infrastructure developments and natural gas projects set to shake up the trading landscape.
The first string of the EUGAL pipeline will come online at the end of 2019, significantly raising Russian gas throughput to the CEE grid via the Nord Stream 2. The Nord Stream 2 and the Turk Stream 1 pipelines are both due to be completed in 2019, with the Turk Stream 2 expected to follow in 2020.
Global price spreads will determine whether Europe will continue to prove a favourable destination for LNG imports, following record numbers of arrivals over the winter so far.
The ICIS European Natural Gas Outlook 2019 provides a comprehensive regional breakdown of the developments driving the market. Download your copy now: