# Int. Energy Agency cuts global gas demand outlook by 50B cubic meters due to war

> The IEA cut its 2022 global gas demand growth forecast to slightly below zero, a revision of about 50 billion cubic meters. European gas consumption is expected to fall nearly 6% due to high prices and supply disruptions from the war in Ukraine.

- Date: 2022-04-15 · published 2022-04-15T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42054-int-energy-agency-cuts-global-gas-demand-outlook-by-50b-cubic-meters-due-to-war
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower projected demand eases pressure on global gas supply, which is bearish for gas prices, though spot LNG prices remain elevated and European substitution keeps demand for LNG strong.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-12-03 | [Global Gas Markets: Key Spot Prices \| Energy Intelligence](https://feedsoft.ai/events/55770-global-gas-markets-key-spot-prices-energy-intelligence.md) | -4.7% | -7.4% |
| NATGAS | 2022-01-11 | [U.S. natgas output to rise, demand to ease in 2022 -EIA \| Reuters](https://feedsoft.ai/events/43322-u-s-natgas-output-to-rise-demand-to-ease-in-2022-eia-reuters.md) | +7.2% | +3.8% |
| NATGAS | 2026-01-23 | [Growth in global demand for natural gas is set to accelerate in 2026 as LNG wave spreads through markets - IEA](https://feedsoft.ai/events/21226-growth-in-global-demand-for-natural-gas-is-set-to-accelerate-in-2026-as-lng.md) | -2.8% | -52.5% |
| NATGAS | 2025-07-22 | [Global natural gas demand growth set to accelerate in 2026 as more LNG supply comes to market - IEA](https://feedsoft.ai/events/23961-global-natural-gas-demand-growth-set-to-accelerate-in-2026-as-more-lng-supply.md) | -10.5% | -14.3% |
| NATGAS | 2018-09-12 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/63219-eia-short-term-energy-outlook-fuels-market-news.md) | +2.9% | +15.6% |

## Sources

- f.aa.com.tr: https://f.aa.com.tr/en/economy/int-energy-agency-cuts-global-gas-demand-outlook-by-50b-cubic-meters-due-to-war/2564329

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.