The GECF - Monthly Gas Market Report for October 2025 highlights various trends in global gas consumption, production, trade, storage, and energy prices.
Global gas consumption is projected to grow by 1.6% for the full year 2025, with varying trends in different regions such as a decline in US gas consumption but growth in China. Gas production is expected to increase by 1.8%, driven by strong output in North America. Global LNG imports rose in September 2025, with Europe experiencing a significant surge in demand. Gas storage levels in different regions were observed to increase ahead of the winter season. Energy prices remained stable in Europe but recorded a slight decline in Asian LNG prices. The report also discusses the potentially negative impact of biased EU energy regulations on regional competitiveness and uncertainty in the global gas market. The shift in the EU's energy policy towards renewables and lower-carbon fossil fuels has led to a reduction in energy consumption and changes in fuel consumption trends.