IEA President Birol: We Are Discussing LPG Supply Security with Governments.
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As the effects of the global energy crisis deepen, LPG prices have risen by 60 percent compared to pre-war levels, while diesel prices have doubled. International Energy Agency head Fatih Birol stated that there are serious risks in the diesel market before winter and announced that they are discussing a new mechanism with governments to ensure LPG supply security.
International Energy Agency (IEA) Director General Fatih Birol stated that global LPG prices have increased by 60 percent compared to the pre-US/Israel-Iran War period, and that they are discussing with governments and industry representatives whether there is a need to develop a mechanism to ensure LPG supply security.
IEA President Birol stated that LPG prices have increased by 60 percent compared to the period before the US/Israel-Iran War, and that they are in discussions with governments and the industry to ensure LPG supply security. Noting that more than half of LPG is used in homes, Birol stated that the crisis is affecting households.
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