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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
European natural gas demand in September was almost 11% lower than the five-year average according to ICIS figures.
- Discounting Britain, the consumption was 12% below the average.
- The EU has called upon member states to reduce consumption by 15% compared to 2016-2021 levels between August 2022 and March 2023.
- During August demand in Europe dropped 10%, while discounting Britain the reduction was 11%.
- Gas consumption savings have materialised in the industrial sector but gas-to-power demand remains high to compensate for the poor performance of nuclear generation and low hydro levels across Europe.
- Expected improvements in nuclear output, higher wind and hydro generation and the ongoing lifting of restrictions of coal plants should allow gas-fired generation to abate in the coming months according to ICIS.
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.
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