Global gas balance still ‘fragile’ on limited LNG output growth: IEA

The global gas balance remains “fragile” as limited LNG production growth keeps supply tight amid rising global demand, the International Energy Agency said Oct. 3. In its annual Global Gas Security Review, the IEA noted that following the supply shocks of 2022-23, gas markets returned to more pronounced growth in 2024. “This forecast expects global gas demand to reach new…The global gas balance remains “fragile” as limited LNG production growth keeps supply tight amid rising global demand, the International Energy Agency said Oct. 3. In its annual Global Gas Security Review, the IEA noted that following the supply shocks of 2022-23, gas markets returned to more pronounced growth in 2024. “This forecast expects global gas demand to reach new…Read More