Behind the sharp rise in European gas prices over the past few weeks, gas demand jumped to record highs in Apr-21.
Unseasonably cold temperatures were the main driver, but industrial demand was back to its Apr-19 level as well.
In the meantime, Asian LNG imports jumped by 11% yoy in Apr-21, mainly driven by a strong increase in China LNG imports (+21% yoy)
Source: Engie EnergyScan
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