Mumbai, Oct. 29 -- The International Energy Agency or IEA has stated in a latest update that following the supply shock of 2022/23, natural gas markets moved towards a gradual rebalancing in 2024 and 2025. During this period, supply fundamentals remained tight and prices stayed well above their historic levels. This limited demand growth, especially in price-sensitive Asian markets. Around 300 billion cubic metres per year of new liquefied natural gas (LNG) export capacity is expected to be added worldwide by 2030, primarily supported by liquefaction capacity expansions in the United States and Qatar.
Following a relatively strong increase in 2024, natural gas demand growth slowed significantly in the first nine months of 2025. Preliminary...