VIDEO: The coronavirus lockdown impact on British gas demand

ICIS Editorial

01-Apr-2020

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

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