The main topic of the report concerns global natural gas markets, including demand, supply, prices, and infrastructure changes.
In 2024, global gas markets were characterized by an unstable balance, with a 14% average price drop at major international hubs compared to 2023. Global gas demand increased by 2.7% compared to 2023, mainly driven by China, Russia, and the USA. Gas production also rose by 1.9%, with the most significant growth in non-OECD countries. The LNG sector saw an expansion of liquefaction and regasification capacities, particularly in Indonesia and China.