Published 2 months ago

European Natural Gas Demand Tumbles to 10-Year Low

Summary by Oil Price

Natural gas demand in Europe slumped to a 10-year low last year as consumption has tumbled by 20% since the Russian invasion of Ukraine two years ago, the Institute for Energy Economics and Financial Analysis (IEEFA) said in a new report on Wednesday. Soaring installations of renewable power capacity and measures to boost energy efficiency drove Europe’s gas consumption to the lowest in 10 years in 2023, and peak LNG demand in the continent c…

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Het Belang van Limburg

European gas demand at lowest level in 10 years

Europa heeft sinds de Russische invasie van Oekraïne de vraag naar gas met 20 procent verlaagd. De vraag is daarmee afgenomen tot het laagste niveau in 10 jaar, meldt het Institute for Energy Economics and Financial Analysis (IEEFA). Vooral de lagere vraag in grote landen als Duitsland, Italië en Groot-Brittannië droeg bij aan de daling. De onderzoekers van het instituut verwachten dat de vraag naar vloeibaar gemaakt aardgas (lng) volgend jaar e…

2 months ago·Hasselt, Belgium

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Inquirer

Europe's gas demand at 10-year low to peak in 2025

PARIS, France ---Europe has cut its gas demand by 20 percent since the Russian invasion of Ukraine and demand for liquefied natural gas (LNG) should peak next year thanks to renewables and efficiency gains, a study published Wednesday said. The February 2022 invasion of Ukraine by Russia triggered a massive shift by European nations away from Russian natural gas delivered by pipelines, with prices for LNG soaring as they competed on internationa…

2 months ago·Manila, Philippines

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in.gr

Demand for natural gas at a 10-year low - Europe's prices plunge

Major LNG projects in progress — What IEEFA report shows

2 months ago·Greece

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rd.nl

European gas demand at lowest level in 10 years

Europe has cut gas demand by 20 percent since Russia's invasion of Ukraine. Demand has thus fallen to the lowest level in 10 years, reports the Institute for Energy Economics and Financial Analysis (IEEFA). In particular, lower demand in large countries such as Germany, Italy and Great Britain contributed to the decline. The institute's researchers expect demand for liquefied natural gas (LNG) to peak next year, partly thanks to the use of renew…

2 months ago

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Naftemporiki

Gas consumption in Europe at its lowest level in 10 years

Finally, we can live with less gas: European gas demand has fallen by 20% since Russia invaded Ukraine, points out the Institute of Energy Economics and... Natural gas: Consumption in Europe at its lowest level in 10 years - NAUTEBORIKI

2 months ago

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zdf.de

Study: Gas demand in Europe falls by 20 percent

Demand for gas has fallen sharply in Europe. This is the result of a study from the USA. But researchers warn of new dependencies on liquefied petroleum gas.

2 months ago

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European Natural Gas Demand Tumbles to 10-Year Low

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European gas demand at lowest level in 10 years

European gas demand at lowest level in 10 years

Europe's gas demand at 10-year low to peak in 2025

Europe's gas demand at 10-year low to peak in 2025

Demand for natural gas at a 10-year low - Europe's prices plunge

Demand for natural gas at a 10-year low - Europe's prices plunge

European gas demand at lowest level in 10 years

European gas demand at lowest level in 10 years

Gas consumption in Europe at its lowest level in 10 years

Gas consumption in Europe at its lowest level in 10 years

Study: Gas demand in Europe falls by 20 percent

Study: Gas demand in Europe falls by 20 percent

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