VIDEO: EUROPEAN GAS OUTLOOK – WEEK 28

Jake Stones

06-Jul-2020

LONDON (ICIS)–Market reporter Jake Stones provides an overview of the key price drivers for European gas markets over the next seven days:

  • Prompt and near curve to find support from weak wind power output and low LNG arrivals, but could be balanced by increased Langeled flows
  • In Germany and the Netherlands, contracts could rise as a result of the Yamal outage between 7-11 July
  • Although a muted gas market response so far, EDF’s announcement to increase nuclear output in 2020 could weigh on Winter ’20 contracts

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