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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
The gas market moderated down significantly in H1 2023, despite tighter supply conditions, primarily due to lower gas demand in key import markets both in Europe and Asia according to IEA.
- Gas consumption in Europe dropped by over 30bcm in H1 2023, while storage injections were down by close to 10bcm in Q2 compared to the same period last year.
- China's gas demand has returned to double-digit growth partly due to very weak hydro performance, but this growth was almost entirely offset by the demand reductions in Japan and Korea.
- Japan's gas demand fell by over 10% in Jan to May 2023 due to a mild winter and returning nuclear availability as output rose by close to 50% in H1.
Source: IEA
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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