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The Independent UK
The Independent UK
National
Via AP news wire

Natural gas exporters: market to be tight until 2025

ASSOCIATED PRESS

The leader of the coalition of gas-exporting countries said Tuesday the group expects demand for the fuel to far outstrip supply until 2025 amid a global energy crisis sparked by the war in Ukraine.

Secretary General of the Gas Exporting Countries Forum Mohamed Hamel, of Algeria, said at the group’s meeting in Cairo that although investment was increasing in natural gas production the countries didn’t expect to have new sources of supply online for another three years.

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