European Gas Product Guide

Kpler’s European Gas intelligence suite offers real-time fundamental data to track flows, availabilities, outages, storage dynamics, price trends, and supply-demand balances, as well as calculate gas transmission routes and costs. This offering is designed to help market participants navigate the complexities of European natural gas, leveraging the following key components:

The European Gas dataset has full coverage of tariffs and flows data since 2024. While it varies by hub, we have flows coverage dating back to 2019 and tariffs coverage dating back to 2021.

We use over 150 scrapers to pull from more than 60 independent sources across Europe, such as TSOs, SSOs, transmission booking websites, and data aggregators ENTSOG (European Network of Transmission System Operators for Gas) and GIE (Gas Infrastructure Europe), the key European organisations representing gas infrastructure operators. From GIE, we scrape the AGSI and ALSI Transparency Platforms.

We parse TSO data each hour for any flows/information updates. When TSO data is unavailable, we leverage ENTSOG data directly as the next-level source. Maintenance data for planned events are updated 4x per day.

When navigating the Map tab of the European Gas module, the following icons are referenced based on the applicable gas activity:

Blue = Terminal Activity

- active sendout and the corresponding direction.

- no sendout, or a delay.

Red = Interconnector Activity

- active net commercial flow between countries/hubs.

- no flow, or a delay.

- storage injection and withdrawal, displaying remaining fill level; usage displays how much flow is going in/out of storage relative to maximum flow rate.

- aggregated consumption, frequently displaying a downward arrow as gas is used.

- production facility, with an arrow displayed when gas is leaving the facility.

| - specifically noted due to separate fee or tariff to inject/withdraw via these pipes; also used to see specific flows for these pipes.

We maintain country-level, as well as site-level storage tracking, including a one-month history of net flow withdrawal (total volume of natural gas removed exceeding the amount injected) and storage fill, in GWh/d (Gigawatt-hours per day). Information on storage usage rate and nominal injection/withdrawal (agreed-upon daily rates at which a storage user can move natural gas into or out of) is also available. At the site storage level, the net injection or withdrawal rate, stored amount WGV (Working Gas Volume), and applicable TSO-SSO, are shown.

European Gas contains country-level consumption data, including a one-month history. The data can be split by consumption point to show granularity on net flow or amount delivered (in GWh/d), with the accompanying TSO.

European gas contains country-level production data, including a one-month history. The data can be split by production point to show granularity on net flow or amount delivered (in GWh/d), with the accompanying TSO.

Per the selected inputs, the calculator will model all available routes and output accompanying exit/entry points, TSOs, capacity types, transport prices (currency/Th, currency/kWh/h/Runtime, and Price (currency)), and any Extra terms.

Predefined Routes: have been set up by Kpler’s European Gas team to aid the calculation of shipment costs between Ukraine and Greece due to the different tariffs associated with each route:

The LNG Cost Calculator allows users to estimate the regasification costs for gas imported to individual terminals. The total number of terminals with available capacity and the highest DA price among the market areas with LNG terminals are updated on an ongoing basis.

Filters and units: choose whether to display slots listed as 'Available', 'Not available', or 'Data not provided', as well as DA gas price and LNG price (M+1). The 'Conversion details' pop out enables you to switch between currencies (EUR/USD - sourced from the ECB exchange rate), capacity units, tariff units, expansion factor, temperature, GVC, and GCV units.

Calculator metrics include:

Terminals v. Spread

The Terminals view can be toggled to a Spread view, highlighting price spreads between the different market areas.

Keep track of maintenance works on interconnection points - (V)IPs - and at storage facilities to plan your booking based on future maintenance works. Outages data is collected at the time of publication, often 1+ year ahead. The availabilities map includes filtering options at point-level (SSO/TSO), impact-level, and capacity-level (firm vs. interruptible).

Firm Events: can be filtered at a point or operator level, with detail on outage duration, capacity reduction (TAC), and impact on firm capacity, specifically. Individual firm events can be expanded, providing further details on remaining capacity, comments from the operator, total impact, and other events at the noted point.

The ‘Pick a route’ function enables users to select individual interconnector and storage points to output a list of all maintenance activities for a specified route.

Kpler collects both fixed and variable tariffs, which can be viewed through the Route and LNG costs calculators. Fixed tariffs are published one gas year ahead, with the gas year spanning 1 October - 30 September, based on the European heating season. Each regulator must post fixed tariffs by the end of June in order for yearly auctions to take place in July. Fixed tariffs are updated 1x per year - containing booking price - and variable tariffs/commodity charges are scraped and updated in our system 1x per day.

The Supply vs demand dashboard allows users to select individual or multiple market areas for an aggregated view of European gas balances, including LNG send-out, Storage withdrawal, Storage injection, Pipeline import, Pipeline export, Consumption, and Production. The chart can then be split by: categories, market areas, assets, operators, or neighbouring markets. When selecting markets, the Interconnector (NBP to BeLux - 3 TSOs involved), ICGB, and TAP pipes can also be selected for pipe-level S&D.

Kpler’s European Gas consumption forecast leverages a proprietary machine-learning model, accounting for the amount of renewables in the energy system that influences the demand for gas and coal. The forecast employs the EC_46 weather model (46 days ahead - using 101 ensemble members to predict weekly temperature and precipitation anomalies) to map the predicted consumption, including the ‘most likely’ point, as well as the broader range we expect the consumption to fall within (in GWh).

Utilising the EC_46 weather model, similarly to the Consumption Forecast, the module will to map the predicted temperature, including the ‘most likely’ point, as well as the broader range we expect the temperature to fall within (in °C). You can track point-in-time weather temperature predictions for all covered market areas.

A comparison widget for hub prices displays historical pricing information for the AVTP, Czech, PEG, PSV, THE, TTF, and ZTP zones, and can be split over the following periods:

The storage widget allows you to track aggregated storage levels for individual or multiple market areas at once. This can be displayed either in TWh or as a percentage of fill level, and there are pre-sets available to look at yearly storage data from 2021 onwards, including both a 5-years average and a 5-years average range.