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European Industrial and Res-Com Demand Set for September Increase

NATGAS

European industrial and residential-commercial (res-com) gas demand is set for month-on-month increases in September following the end of the holiday period according to ICIS.

  • Looking at the 12 major hubs in western and central Europe, ICIS Gas Foresight predicts a month-on-month increase of 18% in industrial demand and a 74% jump in res-com.
  • Combined, their year-to-date demand has been 19% lower than the 2017-2021 average.
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European industrial and residential-commercial (res-com) gas demand is set for month-on-month increases in September following the end of the holiday period according to ICIS.

  • Looking at the 12 major hubs in western and central Europe, ICIS Gas Foresight predicts a month-on-month increase of 18% in industrial demand and a 74% jump in res-com.
  • Combined, their year-to-date demand has been 19% lower than the 2017-2021 average.