Global Gas Trade Continued Its Move to Competitive Gas on Gas Pricing, while the Global Wholesale Gas Price Levels Cooled Off Slightly in 2023
AMSTERDAM, April 23, 2024 /PRNewswire/ -- Flame Conference - The International Gas Union (IGU) releases its 2024 Global Wholesale Gas Price Survey report, the 16th undertaken since 2005.
- AMSTERDAM, April 23, 2024 /PRNewswire/ -- Flame Conference - The International Gas Union (IGU) releases its 2024 Global Wholesale Gas Price Survey report, the 16th undertaken since 2005.
- Demand rebound in China and further growth in spot LNG imported into Europe contributed to the rise.
- Global wholesale prices continued to significantly vary across regions, with Europe still remaining highest priced.
- The maturing and growing flexibility of a truly global gas market are welcome signs from this year's survey results.