GECF – Monthly Gas Market Report, Aug 2025

The GECF Monthly Gas Market Report for August 2025 highlights the global gas consumption growth being revised down to 1.8%, with North America and Asia driving the expansion.

In the EU, gas consumption remained stable, with an increase in gas-fired power generation offsetting declines in other sources. US gas consumption decreased, while China saw a rise in demand. Global gas production growth was also revised down to 1.8%, with the Middle East experiencing lower output. US gas production increased, Europe's production fell, and Asia-Pacific saw a decline. Gas trade saw an increase in global LNG imports, driven by higher inflows into Europe. In terms of gas storage, Northern Hemisphere countries continued restocking, but Asia saw a decrease due to summer cooling demand. Energy prices fluctuated, with a slight increase in US prices. The report also discusses the viability of LNG trade growth under the EU-US trade deal, which has introduced tariffs impacting international trade dynamics.