Global natural gas prices are likely to fall in ‘25
17:07
Jowita Sarna, director of gas and energy procurement at PGNiG Obrót Detaliczny, suggests that global natural gas prices may decrease in 2025, barring unforeseen circumstances, particularly concerning the commissioning of LNG terminals. She noted that the market is likely to see a substantial availability of LNG.
Currently, Europe’s natural gas storage levels are approximately 95% full, which is deemed sufficient. However, if temperatures are below average in the fourth quarter, there may be a need to increase gas storage levels by the end of November.
PGNiG Obrót Detaliczny is a leader in natural gas sales in Poland and is part of the Orlen Group, which manages refineries in Poland, the Czech Republic, and Lithuania. The group also has extraction operations in Poland, Norway, Canada, and Pakistan, alongside renewable energy production and gas distribution. In 2023, its consolidated sales revenue reached PLN 372.64 billion. The company has been listed on the Warsaw Stock Exchange since 1999 and is part of the WIG20 index.
