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7.1

IGU Warns Global Gas Squeeze to Persist Through Summer 2027, Threatening Europe and Asia

The International Gas Union projects global natural gas supply will remain tight until at least next summer, potentially causing prolonged demand destruction. Europe, already struggling to secure winter supplies ahead of heating season, faces severe impact, with Asia also affected. The forecast signals sustained high prices and energy security risks across major importing regions.

OilPrice.comabout 16 hours agoEU, JP, KR, CN, INengCredibility 50%View source

Score Breakdown

Mosaic Score7.1
Model confidence0.5
Significance0.8
Source credibility0.5

Intelligence Tags

#natural gas#supply squeeze#demand destruction#energy security#europe#asia

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