European gas demand will be strong to 2010; costs cloud supply picture

Journal Article · Mon May 16 04:00:00 EDT 1994 · Oil and Gas Journal; (United States)

OSTI ID:7178753

Demand for natural gas in Europe through 2010 will grow substantially, particularly for power generation. Supplies, nevertheless, will remain adequate, possibly even in surplus in the near-to-medium term. In the longer term, prices for natural gas must rise to support new supply projects. And Europe's import dependency will increase, causing gas companies and governments increasingly to focus on security of supply. Total natural-gas demand in Western Europe will increase from 248 million tons of oil equivalent (MMTOE) in 1992 to around 410 MMTOE (around 500 billion cu m; bcm) by 2010. Increases will occur in all sectors, but over the entire period, around 50% of the growth will occur in public and industrial-based power generation. The total demand projection is for an average growth rate of 2.9%/year, compared with expected average growth in total primary energy of only 1%/year. Gas consumption will also increase in the countries of Eastern Europe despite stagnating demand for energy in total. Displacement of oil products for heating purposes in industry and power generation and displacement of coal in all sectors for environmental and economic reasons will be the main elements of this growth. Total gas consumption will increase from 58 MMTOE in 1991 to 84 MMTOE by 2010. The paper discusses demand sectors, industrial demand, power generation demand, natural gas supply, supply/demand balance.

• OSTI ID: 7178753
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 92:20; ISSN OIGJAV; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600* -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
294003 -- Energy Planning & Policy-- Natural Gas
DEMAND
ECONOMIC DEVELOPMENT
ENERGY DEMAND
ENERGY SOURCES
ENERGY SUPPLIES
EUROPE
FLUIDS
FORECASTING
FOSSIL FUELS
FUEL GAS
FUEL SUBSTITUTION
FUELS
GAS FUELS
GASES
INDUSTRY
NATURAL GAS
NATURAL GAS INDUSTRY