European 2020 gas trading volume may surpass 2019 record – research – ZAWYA

European 2020 gas trading volume may surpass 2019 record – research – ZAWYA

European 2020 gas trading volume may surpass 2019 record - research | ZAWYA MENA Edition HomeMarketsCommoditiesArticleEuropean 2020 gas trading volume may surpass 2019 record - research Gas market changes as Dutch production decreases    FRANKFURT- European gas trading volumes this year may beat the record 63,038 terawatt hours (TWh) seen in 2019, as trading hubs expand due to more commercial and financial demand for gas price hedging, research firm Prospex said on Thursday.Last year's wholesale trading volumes across 11 European markets rose by 20%, and also increased by the same percentage again in January-June 2020, the consultancy said in an annual gas report."As European gas trading seems to have not only survived but prospered during the COVID pandemic so far, it will continue to grow through 2020," said author Nigel Harris.Last year's wholesale trading volumes across 11 European markets rose by 20%, and also increased by the same percentage again in January-June 2020, the consultancy said in an annual gas report.FRANKFURT- European gas trading volumes this year may beat the record 63,038 terawatt hours (TWh) seen in 2019, as trading hubs expand due to more commercial and financial demand for gas price hedging, research firm Prospex said on Thursday."As European