Global gas markets mid year review

As we cross the threshold into the year’s midpoint, it becomes imperative to evaluate the state of the gas demand landscape especially within the European Union (EU), the United States (US) and China. In the EU, gas demand decreased by 10.6%in the first half of 2023, representing a decline of 21 billion cubic meters (bcm). Looking ahead to the latter half of the year, the likelihood of observing similar trends in natural gas consumption across Europe remains notably high. The situation in China presents a stark contrast to that of Europe. The first half of the year witnessed a notable […]