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            Europe’s Self-Inflicted Gas Crunch: Output Tanks as Consumption Climbs

            Monday, May 19, 2025 - 10:18:41
            Europe’s Self-Inflicted Gas Crunch: Output Tanks as Consumption Climbs
            Arya News - Gas production has dropped the LOWEST since 2021, according to a monthly Gas Exporting Countries Forum (GECF) report.

            Gas production in Europe has dropped to the lowest level since 2021, according to a monthly Gas Exporting Countries Forum (GECF) report. The numbers dropped 8% year-on-year in Q1 2025, down to 47.7 billion cubic meters. Meanwhile, gas consumption in Europe surged 9% year-on-year in Q1 to 134.8 billion cubic meters, reaching 160.6 billion cubic meters from January to April — up 6% from last year.
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