IEA issues global gas warning ...News

Numerous risks threaten the stability of the market, according to the agency The global supply of natural gas will remain tight this year amid a wide range of uncertainties, the International Energy Agency (IEA) warned on Thursday. For now, the pressure on global gas markets has eased, as there was a reduced need for storage withdrawals in Europe and the US due to the mild winter, the IEA wrote in its latest Gas Market Report. In the first quarter of the year, spot prices for liquefied natural gas (LNG), which has served as a replacement for the Russian pipeline gas, fell below the levels seen in the summer of 202

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