European gas market study sees limited role for LNG imports

Journal Article · Tue Dec 31 04:00:00 EST 1996 · LNG Observer

OSTI ID:525851

An analysis of the Western European gas market published by the European Investment Bank concludes that although the share of imports will grow, existing suppliers Algeria, Russia, and Norway can meet projected demand until and perhaps even beyond 2010. {open_quotes}Alternative sources are not necessary, although Europe might call upon long-distance suppliers to diversify supply sources,{close_quotes} says study author Bertrand Rossert. The gas demand in Western Europe is estimated to grow from 335 bcm in 1995 to 390 bcm by 2000 and 410-450 bcm in 2010, led by the power and residential sectors. Demand in the electricity sector in Belgium, France, Germany, Italy, the Netherlands, Portugal, Spain, and the U.K. should grow rapidly from 40 bcm in 1995 to 70 bcm in 2000 and at a slower rate thereafter. Beyond 2005, the expansion of gas-fired generation will depend on nuclear power policies. (In Eastern Europe, projections are more problematic because of political and economic uncertainties, but could grow from 70 bcm in 1995 to 100 bcm in 2005 and around 110 bcm in 2010).

• OSTI ID: 525851
• Journal Information: LNG Observer, Journal Name: LNG Observer Journal Issue: 3 Vol. 7; ISSN LNOBFK; ISSN 1053-6949
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
COST
DEMAND FACTORS
EUROPE
MARKET
NATURAL GAS
NATURAL GAS INDUSTRY
PRODUCTION
SUPPLY AND DEMAND