Breaking News Gas Shortage 2024 News . Gas supplied a record 46% of total power since june, lseg data shows, as. Global gas demand is forecast to rise by more than 2.5% in 2024, with similar growth expected in 2025, according to the latest edition of the iea's annual global gas.
Gas supply into the southern network is trending downwards as fields in the gippsland basin age, potentially putting out 40 per cent less gas in 2028 than this year. In 2024, global gas demand is forecast to grow by 2.5%, or 100 billion cubic metres (bcm).
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