In 2022, global gas demand decreased by 65 billion cubic meters, most of this figure falling to EU countries. This was announced by the head of “Gazprom”, whose words were quoted, Alexei Miller. TASS.
“According to preliminary estimates, you know that the decline in global demand in 2022 is 65 billion cubic meters. Miller said “m gas” during the holding’s New Year’s Eve conference call.
According to the head of Gazprom, most of the reduction – 55 out of 65 billion cubic meters – falls on 27 European countries, and “that says a lot.” Miller described 2022 as “a very, very challenging year”, pointing to “literally total change” in energy markets.
“If earlier we called these changes ‘super volatility’, then at the end of the year we started saying it was simply ‘turbulence’ anyway.
Bloomberg previously WroteThat the EU gas price cap mechanism can help prevent price fluctuations. But because of this, Europe will become particularly vulnerable to gas supplies and increased competition from Asian countries.