The International Gas Union (IGU) today releases its 2023 Global Wholesale Gas Price Survey report
LONDON, Sept. 21, 2023 /PRNewswire/ - The International Gas Union (IGU) today releases its 2023 Global Wholesale Gas Price Survey report, the 15th undertaken since 2005.
- LONDON, Sept. 21, 2023 /PRNewswire/ - The International Gas Union (IGU) today releases its 2023 Global Wholesale Gas Price Survey report, the 15th undertaken since 2005.
- 2021 and 2022 both saw unprecedented increases in spot prices globally with abnormal price volatility, from the depths of 2020 as Covid-19 impacted gas demand.
- Prices have eased back somewhat in 2023, but they remain above pre-crisis levels and market conditions keep them susceptible to further volatility.
- Gas is essential to re-establish the lost global energy security and to deliver an orderly energy transition.