ICIS: EU gas consumption fell by almost a quarter in November
[ad_1]
Gas consumption in the EU in November was 24% below the average for the past five years. Writes about it Financial Times with reference to the calculations of the analytical company ICIS. According to her, this is primarily due to a reduction in consumption at industrial enterprises. “Industry shows the biggest reduction in gas consumption and this is entirely the result of transparent market pricing,” said Tom Marzec-Manser, chief gas market analyst for Europe at ICIS.
According to ICIS analysts, although the increase in gas prices has a negative impact on end-users of energy, it allows Europe to attract additional supplies of liquefied natural gas (LNG) and reduce its dependence on Russian gas. According to the company, the EU and the UK imported a record 11.1 million tons of LNG in November, imports should rise to 12.2 million tons in December.
[ad_2]
Source link
