Market Insight

French LNG Strike Impact on EU Gas Muted by Mild Weather

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Industrial action at France’s four LNG terminals has distorted the European gas market in recent weeks, forcing France to cut piped gas exports to some of its neighbors and thus increasing dependency on storage withdrawals to meet demand. However, major chaos in the European market has been avoided due to mild weather.

LNG Supply, Regasification, Gas Supply
Wanda Ad #2 (article footer)
Unprecedented congestion gripped the EU’s gas grid last year, but the level of disruption is unlikely to support new gas interconnectors.
Tue, Jun 6, 2023
The Venture Global US liquefaction scheme has been in its commissioning phase for about four times longer than normal, and offtaker Repsol wants to know why.
Wed, Jun 7, 2023
The Petrobangla-QatarEnergy LNG deal will become a new pricing reference for Asian buyers keen to diversify away from US LNG.
Tue, Jun 6, 2023