IEA: Europe’s LNG inflows climbing to near all-time highs
The International Energy Agency (IEA) forecasts an increase by 25% in Europe’s LNG imports in its Gas Market Report Q2 2025.
According to the IEA, global natural gas demand continued to expand through the 2024/25 heating season, with growth primarily driven by Europe and North America. Underground storage facilities and reserve mechanisms provided crucial flexibility to the gas system and ensured stable and secure gas supplies over the 2024/25 heating season.
Furthermore, in 2025, global gas demand growth is forecast to slow from the previous year amid tighter market conditions, while heightened macroeconomic uncertainties may also weigh on demand. Low
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