LNG Transportation
Is Europe's recovery in gas demand derailed by the Iran crisis or is it just hampered? Maguire
Gas-fired electricity production in Europe reached multi-year-highs early in 2026. This gave liquefied gas (LNG), exporters hope that the region would regain its love for the fuel. Gas consumption has been slowing down in March. The average level of?gas production across major consumers is down by about a third compared to the previous month. At least part of this slowdown is likely due to a sharp increase in regional gas prices following the outbreak of the 'U.S.-Iran War on February 28. The above-normal temperatures in Central and Western Europe has also led to a sharp drop in regional?gas consumption, as...