including Gas Market Highlights 2022Gas Market Report, Q1-2023The 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, 11 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: ArgentinaBrazilChinaEgyptIndiaIndonesiaMoroccoSingaporeSouth AfricaThailandUkraineGas Market Report Q1 2023 PAGE | 3 Abstract IEA. CC BY 4.0. Abstract The global natural gas market suffered a major shock in 2022 as Russia cut pipeline deliveries to Europe substantially, placing unprecedented pressure on supply and triggering a global energy crisis. Despite this, European countries were able to fill their underground gas storage sites well above historical averages, supported by a combination of targeted policy measures, a record inflow of liquefied nat...
