Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
Natural gas demand in Europe remains tepid with EU natural gas demand 17% below the 2019-21 average in December according to Bruegel data. Low demand has helped maintain gas storage up above the five year average at 74.44% full on Jan 21 according to GIE data compared to the seasonal five year average of 63.3%.
- Industrial demand dropped back during Nov and Dec to 84% of the average after seeing a recovery earlier in the year up to 88% in Oct.
- Household demand was down slightly on the month to 82% of the 2019-21 average while power demand rebounded back up to 71% from 64% in November.
- Total demand in December in Germany was down -14.5% in December from 2021 levels while France was down -20.7% below, Italy was -19.6% below and the Netherlands was down -23.9%.
Source: Bruegel
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok