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IEA: Global natural gas consumption to fall slightly this year

 Last Update: 2022-10-10
 Source: Internet
 Author: User

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The latest quarterly report on the natural gas market released by the International Energy Agency on July 5 shows that global natural gas demand will decrease slightly this year due to factors such as soaring prices, and grow slowly over the next three years

The IEA said record-high natural gas prices were dampening demand and causing some gas users to switch to coal and oil

Recent developments have led to a sharp downward revision to the natural gas growth outlook

The Asia-Pacific region is expected to contribute half of the growth in global gas demand by 2025, the International Energy Agency said

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