The breakdown of traditional European commercial structures in terms of supply, demand, and prices is meeting head-on with a wide-open market structure. Like in the US and UK market before it, new opportunities to market and trade gas will emerge all over Europe, with third-party access to the continent's most important pipelines providing inroads into previously untouchable markets. 

Never has understanding the fundamentals of supply and demand — “knowing the numbers” — been as important as it will be in the years to come. And “knowing the numbers” is what PIRA Energy Group does best.

European Natural Gas Retainer Service (ENG), covers Europe's emerging market for natural gas trade by grasping the market fundamentals and giving clients a clear view of these fundamentals and how they will affect prices. And by also subscribing to PIRA's newest Retainer Service, European Electricity, ENG clients can receive comprehensive coverage of the continent's energy landscape.

1. Understanding the confluence of a well-established infrastructure and a “new market” feel.
2. Highlighting the shifts in market trends that will affect supply, demand, and price direction. 
3. Digging deep into the numbers to reveal significant issues affecting long- and short-term markets.
4. Integrating PIRA's gas and oil forecasts in addressing interfuel competition.

This type of fundamental analysis — the hallmark of PIRA's consulting services — provides the foundation for a detailed assessment of European gas markets. This analysis enables PIRA to address: 1) how liberalization impacts demand growth; 2) why new supply links and infrastructure will create regional imbalances; 3) what third-party access will mean to the market's established players and new arrivals; 4) which players appear to be gaining the upper hand; and 5) where opportunity knocks.