Wholesale Gas PriceSurvey 2023 Edition

The International Gas Union (IGU) today releases its 2023 Global Wholesale Gas Price Survey report, the 15^th undertaken since 2005.

2022 was the most turbulent year in the history of gas markets, as the global energy crisis intensified and the global price levels reached record highs, in many markets as a consequence of exceptional tightness in the markets. The record high 56% of (GOG) Gas on Gas competition priced share of total imports (and over 50% in total gas consumed), helped the market respond to the energy crisis, with a significant rearrangement of global gas trade, which kept the lights on in Europe, but priced some buyers in Asia out.