IEA: Global gas demand set to fall 0.5 per cent in 2026

Michael Holder
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Impacts of Iran War continue to weigh heavily on global fossil gas and LNG market, amid continued uncertainty surrounding supplies passing through the Strait of Hormuz

Global fossil gas demand is expected to drop 0.5 per cent this year, primarily driven by lower use for power generation and industrial activities, as the impacts of the Iran War on gas supplies and prices...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Environmental journalist and editor

View profile
More from Michael Holder

'Keep oil and gas in the ground': Zack Polanski demands 'clean energy future' for the UK

'Major achievement': Almost five new EVs sold in the UK every minute in September

More on Energy

Oil and gas giants report upstream methane emissions are down 61 per cent in last decade
Energy

Oil and gas giants report upstream methane emissions are down 61 per cent in last decade

Oil and Gas Climate Initiative members claim to have hit collective carbon and methane targets for 2025, despite production increases

Stuart Stone
Stuart Stone
clock 01 October 2026 • 5 min read
Study: Freezing food at -15C could cut energy consumption seven per cent
Energy

Study: Freezing food at -15C could cut energy consumption seven per cent

Research published by Nomad Foods provides further evidence keeping frozen foods at slightly higher temperatures is safe and delivers significant emissions and energy savings

Amber Rolt
clock 30 September 2026 • 2 min read
Energy bill price cap forecast to climb further 16 per cent in January
Energy

Energy bill price cap forecast to climb further 16 per cent in January

Cornwall Insight expects energy price cap for average UK household to rise a further £276 from the start of next year, as fallout from Iran war continues to bite

James Murray
James Murray
clock 30 September 2026 • 4 min read