Global gas consumption saw a historic decline of 1.6 percent in 2022. This is in the wake of the war in Ukraine and disruptions in Russian gas supplies to Europe.
"In particular, 2022 saw the largest drop in EU gas consumption in history, down 13% to 353 billion m3," Cedigaz said. World production remained stable, thanks to "a rapid ramp-up of LNG supplies" (liquefied natural gas) (Cedigaz has 100 members in 40 countries)