The largest energy-consuming countries on the continent have increased electricity production from gas power plants to the highest levels in several years. This has sparked widespread optimism among exporters of liquefied natural gas worldwide that European demand for this vital fuel is on the road to recovery. During the month of March, clear signs of a slowdown in consumption appeared, as average gas-based electricity production among major consumers fell by about a third compared to the previous month. Part of this decline is attributed to the sharp rise in the price of this vital commodity within Europe after the outbreak of the war. However, this optimism did not last long. With the beginning of 2026, it seemed as if Europe was rediscovering its appetite for natural gas.
