Global gas report: European gas demand surges in February

In February 2025, European gas demand surged by 21% y-o-y, reaching 38 bcm, extending its growth streak to six consecutive months without a decline. This increase was primarily driven by higher consumption in the power and residential sectors. Cold weather boosted heating demand in residential and commercial buildings. Meanwhile, reduced wind and hydro generation heightened reliance on gas-fired power plants […]