IEA forecasts global natural gas demand will fall 0.5% in 2026 as higher prices and Strait of Hormuz disruptions tighten LNG supplies worldwide.
The International Energy Agency (IEA) expects global natural gas demand to decline by 0.5% in 2026 as higher prices dampen consumption by power generators and industries following supply disruptions linked to the U.S.-Iran conflict.
| Photo Credit:
Albert Gea
Global natural gas consumption is
forecast to fall 0.5% this year, mainly because higher prices
IEA forecasts first annual drop in global natural gas demand as Iran conflict reshapes energy markets
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Global demand for liquefied natural gas (LNG) is expected to increase to nearly 700 million tonnes a year by 2050, an increase of…
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