Global gas markets are set to undergo major changes by the end of this decade, with a coming wave of liquefied natural gas (LNG) production capacity set to transform market dynamics, according to the latest edition of the International Energy Agency (IEA) medium-term outlook.
The International Energy Agency (IEA) forecast a global oil market oversupply of 4 million barrels per day (bpd) in 2026, citing the recent increase in crude oil supplies from the Middle East and the Americas. It noted that this increasingly underscores the need for market change.
To serve a rapidly growing population, Mozambique’s significant energy resources can support government efforts to achieve universal access to electricity and clean cooking while charting a path to economic development, according to the International Energy Agency (IEA) first ever energy policy review of the country.
The International Energy Agency (IEA) says rising LNG supply will help rebalance global gas markets in 2026, boosting demand growth after a 2025 slowdown. Tight supplies and high prices curbed consumption earlier, especially in Asia, before easing as LNG production rose nearly 7 per cent.
