oxfordenergy -季度天然气评论 -第 27 期 Quarterly Gas Review – Issue 27 2025-01-28.pdfVIP

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oxfordenergy -季度天然气评论 -第 27 期 Quarterly Gas Review – Issue 27 2025-01-28.pdf

January2025

QuarterlyGasMarketReview:

Wintercoldsnapsunderpinfirmerprices

Introduction

ThesurgeinEuropeanwintergasdemandinthefinalquarterof2024backstoppedthepricerallyunderwaysince

April.Ithasbeenatimelyreminderthatcoldsnapsandperiodsoflowwindwhencombined,cansupercharge

storagewithdrawalsandLNGsendoutsasthemarketlooksforextravolumestocoverintermittentrenewables,

accountfortheextrapowerloadandkeephomesandbusinessesheated.Interestingly,althoughaverage

temperatures

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