Fetching News Details
Gas prices rose to record highs in many regions in 2021 as gas demand outpaced supply, according to new analysis from Australian consultancy EnergyQuest, with the market expected to remain tight through 2022. Looking back at 2021 in its monthly market report, EnergyQuest noted Chinese liquefied natural gas demand last year was 21% higher than 2020, while it cited International Energy Agency data showing gas demand in European OECD nations grew 8% in the nine months to September.
