Global Markets

European gas demand expected to stagnate – IEA

European gas demand grew in 2017 but is expected to decline in the coming years European gas demand grew in 2017 but is expected to decline in the coming years.
By Andreas Walstad 27 June 2018 0 31483
European gas demand

European gas demand grew by 4.5% year on year in 2017 but is expected to decline slightly in the coming years, according to the International Energy Agency (IEA). 

Gas-fired power generation in the EU28

Gas demand has grown for three consecutive years – mainly driven by the power sector – but this is unlikely to be sustainable in the near term, the IEA said in its annual gas report released this week. 

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