Low-calorific natural gas production from the Groningen field in the Netherlands is on course to hit a 10-year low in Gas Year 2016, due to stringent government restrictions on output. A further cut is likely to see production fall again in Gas Year 2017, depending on a court ruling due in November 2017.
ICIS will analyse the impact of recent production cuts on fundamentals and wholesale prices at northwest European hubs and examine how seasonal supply flexibility from Europe’s largest gas field has been replaced by other assets.
Key points of the webinar:
ICIS Senior gas markets reporter
Jake Horslen is a senior gas markets reporter for ICIS’s European Spot Gas Markets, the continent’s benchmark daily report for the traded hubs. He is a market expert on the Dutch TTF and has been covering European gas markets since 2014.
ICIS sheds light on plans to merge Germany’s two natural gas hubs – NCG and GASPOOL - within five years and the issues that will dominate the market ahead of unification. Parallels to France where a full merger is also taking place are likely to be a useful guide on how smooth the transition could be, although a number of German-specific developments are likely to impact both the process and outcome of the hub unification.Download your copy here