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European Gas Demand 19% Lower This Winter

NATURAL GAS

European gas demand reduction – source: Eurostat

  • The EU slashed its gas demand this winter by almost a fifth, beating a voluntary 15% goal.
  • The bloc’s consumption between August and January was 19% below the average of the previous five years.
  • Along with warm weather and high LNG supplies, demand destruction has helped Europe survive the winter months without shortages.


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