Trade Resources Industry Views Europe's Gas Demand in The First Quarter of 2013 Rose 2.2% From The Previous Year

Europe's Gas Demand in The First Quarter of 2013 Rose 2.2% From The Previous Year

Tags: Gas Demand, Gas

Europe's gas demand in the first quarter of 2013 rose 2.2% from the previous year, according to Societe Generale estimates.

An unusually cold March saw gas demand soar by 26.3% from 2012, pushing up the first quarter as a whole, the SG Energy Pulse data showed.

The data is based on a focus group model of demand figures from France, Portugal, Spain, Britain, the Netherlands and Italy, some 61% of total EU gas consumption.

First quarter power demand rose 1.7% on the year, driven by a 10.3% on-year increase in March, also due to the cold.

Source: http://news.chemnet.com/Chemical-News/detail-1914379.html
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Europe's Q1 13 Gas Demand up 2.2% on Year, Power up 1.7%: Soc Gen
Topics: Chemicals