According to the latest gas market report, EU gas consumption from April to June 2023 further declined (to 65 bcm) and remained below the five-year consumption range of 2017-2021. Production was down by 16% (9.5 bcm) than in the previous quarter and 17% less compared to the same quarter in the previous year. Total gas consumption decreased by 42% quarter-on-quarter (reflecting mainly the start of the summer season in gas trade), and by 8% year-on-year. EU domestic gas production continued to decline. The EU produced 16% less gas (9.5 bcm) then in the previous quarter and 17% less compared to […]