Ukraine will ask the US for natural gas deliveries on the same principle as applied to weapons and ammunition, Ukrainian Prime Minister Denis Shmigal said on Tuesday. This “gas lend-lease” will be needed for the coming winter, he said. Meanwhile, the European Union has imposed gas rationing.
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Global demand for natural gas is expected to reach its peak as early as 2030, according to the World Energy Outlook 2023 issued by the International Energy Agency (IEA) on Tuesday. Gas consumption worldwide has increased by an annual average of nearly 2% since 2011. However, growth will slow to less than 0.4% from now…