European Gas Hub
No Result
View All Result
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login
European Gas Hub
No Result
View All Result
Home Gas Prices

Winter is over, what’s next for European gas?

Editor by Editor
1 year ago
Reading Time: 2 mins read
European gas
Share on FacebookShare on TwitterShare on Linkedin

2021/22 gas winter at last came to an end and one would think that the European gas market can heave a big sigh of relief. But with the onset of injection season you can hardly expect Q2 and Q3 to become less busy than the winter months, with the summer 2022 shaping up to be very eventful.

RELATED POSTS

Asian-price-premium

JKM: return of the Asian price premium?

3 days ago
TTF-drops

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
timera-energy

Gas storage value in a post-crisis market

1 week ago

Contrary to the fears of many, this past winter in Europe was warm enough to prevent some worst-case demand/supply scenarios from happening. When entering this summer period, the region’s underground gas storages were more than 25pc full, including strategic stocks. This is broadly in line with recent years, except for where the inventories stood in 2019 and 2020 due to then above-normal winter temperatures. But that is where the similarities end.

A major difference from prior injection seasons is that this summer shippers should take into account the Commission’s regulation, requiring member states’ storages to be at least 80pc full by 1 November 2022. To reach this level, more than 55 bcm need to be injected into the storages across the continent, which is a feasible task but quite a challenging one. Especially since near-curve contracts are holding a premium to those with delivery in Q3 ’22, as at early April.

The success of meeting the 80pc target will very much depend on whether European buyers are able to maintain strong LNG imports throughout the whole gas summer. The current TTF-JKM spread contributes to spot sellers’ preference for the European market over Northeast Asia. But this may change rapidly once Asian importers get into the game.

Of course, there is nothing unusual about the competition for available seaborne volumes between the basins, whether it be summer or winter months. What is unique about the summer 2022 is that spot (and I stress this word) LNG cargoes have now become the region’s best hope for its successful preparation for the heating season.

Source: Yakov Grabar (LinkedIn)

Tags: clean spark spreadcoal-fired power generationEuropean gas demandEuropean gas pricesJKM pricesTTF pricesYakov Grabar
Editor

Editor

Related Posts

Asian-price-premium
Gas Prices

JKM: return of the Asian price premium?

3 days ago
TTF-drops
Gas Prices

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
timera-energy
Gas Prices

Gas storage value in a post-crisis market

1 week ago
Russian-gas-exports
Gas Prices

Russian gas exports to Europe down by 20%

2 weeks ago
LNG-prices
Gas Prices

Weekly trend of natural gas and LNG prices – May 9

3 weeks ago
Natural-gas-price
Gas Prices

Natural gas price benchmarks: prices continue to ease

1 month ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

European-power- switching

Coal drives European power switching anchor lower

4 weeks ago
Russian-gas-exports

Russian gas exports to Europe down by 20%

2 weeks ago
timera-energy

Gas storage value in a post-crisis market

1 week ago
Load More

Recent Post

Asian-price-premium

JKM: return of the Asian price premium?

3 days ago
TTF-drops

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
timera-energy

Gas storage value in a post-crisis market

1 week ago
Load More

European Gas Hub is an online platform for sharing analysis and information about European natural gas markets more info

Categories

  • European Gas Prices
  • Energy Policy
  • European Gas Infastructure
  • European Gas Storage
  • Coal Market
  • Supply & Demand
  • Gas Supply & Demand
  • LNG
  • Other
  • Unconventional Resources

Recent Posts

JKM: return of the Asian price premium?

TTF drops below the $10/mmbtu mark for the first time since June 2021.

Gas storage value in a post-crisis market

Energise your Tuesday!

Sign up to receive our weekly newsletter with new European gas market reports, presentations & analysis. Every Tuesday.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 EuropeanGasHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login

© 2020 EuropeanGasHub | All Rights Reserved

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise your Tuesday!

SIGN UP to receive our weekly newsletter with new European gas market reports, presentations & analysis. EVERY TUESDAY!