Global gas demand expected to decline by 65 bn cubic metre in 2022: Gazprom

The world’s demand for gas is expected to decrease by 65 billion cubic metre in 2022, with 55 billion cubic metre falling on the 27 European Union countries, head of Russian gas giant Gazprom Alexei Miller said.

According to preliminary estimates, the decline in global gas demand in 2022 is equal to 65 billion cubic metre, and “55 billion cubic metre from these 65 billion fall on the 27 European countries,” Gazprom said in a statement, citing Miller as speaking at a year-end meeting on Wednesday.