VIDEO: The coronavirus lockdown impact on British gas demand

Author: ICIS Editorial


LONDON (ICIS)--Market reporter Jake Stones assesses the impact on UK gas demand of measures taken in the UK to reduce the coronavirus spread.

• British gas demand has been most impacted by the recent decline in gas-to-power offtake

• The two remaining offtake areas, local distribution zone (domestic) and industrial have been less impacted

• Further bearishness to the British gas market could come from increase LNG supply during periods of low demand