YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

China poses threat to EU gas market IEA

European gas prices may surge this year as competition for the fuel intensifies, a report warns

China’s economic recovery would trigger a fierce competition on global energy markets and could see prices for natural gas return to “unsustainable” levels in the EU, the International Energy Agency (IEA) warned in a report released on Tuesday.

Last year, gas consumption in China decreased due to