... around 12.4 billion cubic meters of natural gas, marking the highest monthly volume in the past three years. This was facilitated by a relatively mild winter that limited gas withdrawal, reduced consumption in the economy, and high liquefied natural gas (LNG) supplies—around 12 billion cubic meters in June (primarily from the U.S., Qatar, and other exporters), which is also a record for a summer month. Thanks to high reserves and diversification of supply sources, gas prices in Europe have remained ...

... withdrawals during the cold season. A reduction in gas consumption in European industry and energy sectors due to conservation measures and a shift to alternative sources following high prices in recent years. High supplies of liquefied natural gas ( LNG )—approximately 12 billion cubic meters of LNG (primarily from the U.S., Qatar, and other exporters) entered Europe in June, setting a record for summer month imports. Preliminary estimates suggest that this trend persisted close to maximum levels ...

... the pace of transition to electric vehicles in China may be even faster, given that the country is a global leader in battery technology development. "Another factor will be the gasification of freight transport, where liquefied natural gas (LNG) is gradually replacing diesel fuel, a petroleum product. In 2022, trucks running on LNG Translated using ChatGPT. Source: https://iz.ru/1794169/2024-11-20/ekspert-nazval-usloviia-sderzhivaniia-sprosa-na-neft-v-knr

... (massive use of air conditioning), partially raising gas consumption at power plants. Simultaneously, sunny weather ensures record solar energy generation, keeping gas demand in check during peak load hours. Stable deliveries of liquefied natural gas (LNG), along with relatively weak industrial demand, maintain market balance. Overall, European prices are currently significantly lower than the crisis peaks of 2022; however, any supply disruptions or an early onset of cold weather in the fall may again ...

... conditioning), which partially boosts gas consumption at power plants. At the same time, an abundance of sunny days ensures record solar energy generation, helping to curb gas demand during peak consumption hours. Stable supplies of liquefied natural gas (LNG), along with comparatively weak industrial demand, maintain balance in the market. Overall, European prices are now significantly lower than crisis peaks in 2022; however, any supply disruptions or an early cold snap in autumn may elevate volatility ...