2025 global gas balance set to remain fragile - IEA

Thursday, 30 January 2025

While the halting of Russian piped gas transits via Ukraine does not pose an imminent supply risk for the European Union, it could add to near-term LNG market pressure, according to Paris - based International Energy Agency’s (IEA) latest quarterly gas market report. 

The report said that the markets moved towards a gradual re-balancing last year after the supply shock that followed Russia’s invasion of Ukraine in February, 2022.


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