Stock market quotes, forex, financial news, forex tools – money-investing.com

Eurogas: demand for gas in the EU can increase by 6%

 Breaking News

Eurogas: demand for gas in the EU can increase by 6%

Eurogas: demand for gas in the EU can increase by 6%
October 24
09:00 2016

Natural gas demand in the euro zone will probably increase by 6 percent in 2016 due to the growing industrial production and the use of gas for electricity and transport. This was announced on Friday by Eurogas – the European Union gas industry.
Eurogas expects that natural gas demand in the 28 EU countries and Switzerland, which is not part of the Eurozone, will be 4.866 terawatt hours (450 billion cubic meters) in the current year.

In France, the demand for natural gas to provide electricity has jumped twice in the first half of 2016, when compared to the same period of 2015. Eurogas also reported that a number of gas-fired plants had been commissioned in Germany.
The European Union of gas industry claimed that the demand growth also had increased because of more severe winters and the increase in the industrial production in some European countries.

Eurogas experts believe that natural gas is the most environmentally friendly form of fuel for electricity supply and the use in the field of transport.
After the combustion of gas the atmosphere gets two times less carbon dioxide than it does when the power plants operate on coal.
Last year the demand for gas in the EU increased for the first time after several years of decline.

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment