Date: Tuesday, 28 January 2025

Times: 

• 12:00 PM Singapore local time
• 12:00 PM Dubai local time 
• 12:00 PM London local time 
• 12:00 PM New York local time 

Europe’s gas markets remain precariously balanced heading into 2025. Prices remain volatile and there is still no sign of a return to the levels seen before the energy crisis that erupted in 2021-22. But as the new year begins, could a return to a more stable gas market finally be in sight? And what could this mean for gas producers, power utilities and gas-intensive industry?

Argus’ European Gas Outlook provides an 18-month forward view of the fundamentals and price drivers that will shape the European market — and in turn set the tone for the global gas market in which Europe plays such a pivotal role.

Key themes include:

• Europe’s pipeline gas suppliers’ response to high prices.
• Trends in power-sector and residential gas demand.
• The impact of high prices on Europe’s large industrial gas consumers.
• How will shifts in the global LNG balance affect Europe in the coming year?
• What could winter 2025-26 have in store?