+44 (0) 1865 952700 |
Press enquiries
  • This field is for validation purposes and should be left unchanged.


Home/North West Europe Gas System Performance – July 2018

North West Europe Gas System Performance – July 2018

Aurora’s gas system performance report provides a monthly snapshot of key operating characteristics for the European gas market. The key statistics include prices, volumes, trade, suppliers market share, indigenous production flexibility and storage provision for security of supply.

Highlights of our July 2018 report include:

  1. Gas prices: Gas prices continued their upward trend, rising almost 50% year-on-year due to high Asian spot LNG demand caused by a heat-wave in parts of China and Japan.
  2. Consumption: NW Europe consumption dropped by 12% year-on-year, driven by lower German non-power demand.
  3. Supply: LNG supply declined 3%-points year-on-year, and was substituted by 1%-p and 2%-p respective increases in Russian and Norwegian pipeline imports.
  4. Indigenous production: Despite an 11% month-on-month increase, Dutch indigenous production in July was 10% lower year-on-year, reflecting continued limitations in Groningen production before hitting the 21.6 bcm cap by the end of the current gas year.
  5. Pipeline imports: Russian pipeline flows through Nord Stream declined by 0.5 bcm year-on-year due to the annual maintenance cycle occurring between 17th and 31st July. Flows were diverted towards the Czech route (up 0.7 bcm year-on-year).
  6. LNG: LNG imports were down almost 50% month-on-month in Belgium, as decreased UK pipeline imports were substituted by increased Dutch and German imports.
  7. Storage: Despite high prices, storage injections increased by 45% month-on-month as suppliers continued attempting to raise inventory levels ahead of next winter.

Not a subscriber? View an example of our NW Europe Gas System Performance report here

View Report

Our subscription services

Our subscription service provides you with long-term market forecasts, strategic insight reports, interactive client forums and access to our market data and analytics platform.

Interested? Please sign up to receive our complimentary monthly summary reports via email. Simply tick which reports you would like to receive. Please indicate your consent in the box provided and view our privacy policy.

If you would like further information on a particular subscription service or report please enter further information in the box provided.



  • Please find our privacy policy here

  • Aurora’s Company performance report presents a summary of the operational and financial performance of all major participants in the GB wholesale power market. The key statistics include companies’ revenues and profits, outputs, capacities, capture prices and load factors. All the metrics are presented for the entire generating portfolios, their subsets for each technology, as well as for individual assets. The report also presents the evolution of companies’ market shares over time.

    Read More
  • Aurora’s System performance report provides a monthly snapshot of key operating characteristics for the GB power system. Which fuels are most used? Which power plants most profitable? How would a change in the price of gas or coal impact the system price through the dispatch?

    Read More
  • The European Gas Market Forecast, 2018 annual edition presents Aurora’s latest view on the state of the European gas market, and includes our updated outlook on natural gas prices, demand, and supply in Europe to 2040.

    Read More