Energy Nord Stream 2 31 May, 2017 9:00 am   
Editorial staff

OIES: Will natural gas demand in Europe stay high enough to fill Nord Stream 2?

The Oxford Institute for Energy Studies argues that natural gas demand in Europe not neccessarily will stay high. That is the one of the main arguments after Nord Stream 2 project.

In this presentation, Anouk Honoré argues that even if gas demand growth in 2015 and 2016 may not necessarily be signs of recovery, the next 5-10 years will/could be different from the longer term ‘future of gas’ debate in Europe. She analyses the reasons to believe why gas demand could stay high in this timeframe. The presentation concludes that now is the time to make the arguments of the immediate benefits of natural gas, but at the same time, there will not be ‘one scenario fits all’ and specific factors need to be considered for each country. This presentation will be followed by an Insight to be published in June 2017.