Record drop in Russian gas supply to EU predicted ...News

The International Energy Agency forecasts deliveries will decrease by more than half by 2025 Russia’s pipeline gas supplies to the EU will fall by more than half in the next three years, the International Energy Agency (IEA) said on Tuesday. “In our forecast, Russian pipeline supplies to the European Union [will] decline by over 55% by 2025 compared to their 2021 levels, with Russia meeting 20% of EU gas demand.” the IEA’s latest Gas Market Report states. “The share of Russian gas in EU gas demand is expected to drop to just 25% in 2022 – its lowest level in more than two decades,” the agency adds. According to th

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