VIDEO: Italian industrial gas demand set to drop further

ICIS Editorial

25-Mar-2020

LONDON (ICIS)–European Spot Gas Markets Deputy Editor Alice Casagni explains why Italian gas demand is set to fall further following additional restrictions imposed by the government to slow the coronavirus spread.

• Restrictions requiring industries and commercial activities to shut down were approved on 22 March

• The decrease in gas demand is likely to expose the Italian system to oversupply opening up opportunities for injections

• Lower consumption from industrial and power sectors to challenge utilities and energy companies

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