EU Gas Demand Remains Soft Amid Economic Slowdown ...Middle East

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EU Gas Demand Remains Soft Amid Economic Slowdown
source : OILPRICE ( Middle East ) () 55
EU countries continue to minimize the use of natural gas for electricity production. According to Ember, electricity generation from gas-fired power plants in the nine months of 2023 decreased by 14% (all data is compared with the same period of the previous year, unless otherwise indicated).  From January to September 2022, electricity production from natural gas in the EU amounted to 380.4 terawatt-hours (TWh), but in the nine months of 2023 it only reached 325.8 TWh. Thus, in absolute terms, gas-fired electricity generation decreased by…

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