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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
France’s natural gas consumption fell to the lowest level in six weeks to 9.4TWh in the week to 11 February, down from 10.4TWh a week earlier, GRTgaz data showed.
- Consumption for public distribution dropped week on week by 5% to 7 TWh amid milder weather.
- Industrial demand was flat at 2.4 TWh, while power sector demand dipped to 0.1 TWh, down from 0.5 TWh in the week to 4 February.
- French natural gas demand totaled 218.5TWh between 1 August 2023 and 11 February 2024, down by 24.5% from the same period in 2018-2019, the data showed. Weather adjusted, demand during the period was 20% lower.
- Industrial gas consumption fell by 24.8% during the period to 61.6TWh, while gas use for power generation declined by 42.2% to 15.9TWh – amid higher nuclear availability.
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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