EU gas market adapted to lower Russian supplies in 2024-25, report says
( May 29, 2026, 14:57 GMT | Official Statement) -- MLex Summary: Pressure on the EU gas network eased in 2024 and 2025 as the market adapted to lower Russian gas supplies and higher LNG imports, according to a report by the EU Agency for the Cooperation of Energy Regulators. Gas flows were rerouted across Europe, while lower demand and infrastructure upgrades reduced bottlenecks and improved market conditions. Price volatility also eased from crisis-era levels, although the market remained vulnerable to external shocks and constraints persisted on some key routes in Southeast Europe.Press release follows. Full report can be found attached....
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