Europe faces a gas shortage this winter due to lower global production and reserves being run down due to the Iran war, an analyst has warned.
Liquified natural has (LNG) is a key part of the overall energy mix for the UK and Europe. On the continent, natural gas as a whole accounts for around a fifth (21 per cent) of total energy consumption, according to Eurostat’s research, with LNG representing around 40 per cent of that gas usage in 2024.
