Medium-Term Gas Report 2023Including the Gas Market Report, Q4-2023The IEA examines the full spectrum of energy issues including oil, gas and coal supply and demand, renewable energy technologies, electricity markets, energy efficiency, access to energy, demand side management and much more. Through its work, the IEA advocates policies that will enhance the reliability, affordability and sustainability of energy in its 31 member countries, 13 association countries and beyond. This publication and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.Source: IEA. International Energy Agency Website: www.iea.org IEA member countries: Australia Austria Belgium Canada Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Japan Korea LithuaniaLuxembourg Mexico Netherlands New Zealand Norway Poland Portugal Slovak Republic INTERNATIONAL ENERGY AGENCY Spain Sweden Switzerland Republic of TürkiyeUnited Kingdom United States The European Commission also participates in the work of the IEAIEA association countries: ArgentinaBrazilChinaEgyptIndiaIndonesiaKenyaMoroccoSenegalSingaporeSouth AfricaThailandUkraineMedium-Term Gas Report 2023 Including the Gas Market Report, Q4-2023 PAGE | 1 Abstract IEA. CC BY 4.0. Abstract The energy crisis triggered by Russia’s invasion of Ukraine marked a turning point for global natural gas markets. Growth in global gas demand is set to slow down significantly over the medium term (2022-2026). This follows a decade of strong expansion in which gas contributed around 40% of the growth in primary energy supply worldwide. While...
