• News
  • Technology
  • Culture
  • Entertainment
  • Sport
  • Travel
  • Music
  • More
    • Politics
    • Lifestyle
    • TV
    • Games
Sunday, April 2, 2023
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • America
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • CityLife
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • America
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • CityLife
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
Home Energy

EU gas consumption down by 20.1%

by The FINANCIAL
December 22, 2022
in Energy
0
Share on FacebookShare on Twitter

RelatedPosts

Skip the angry, never-sent letter — try a grateful one instead

Cultural benefits can boost uptake of flight offsets

Electricity and gas prices in the first half of 2022

Most precise accounting yet of dark energy and dark matter

The EU consumption of natural gas has dropped by 20.1% in the period August-November 2022, compared with the average gas consumption for the same months (August-November) between 2017 and 2021. The Council Regulation (EU) 2022/1369 on coordinated demand-reduction measures for gas, part of the REPowerEU plan to end EU dependence on Russian fossil fuels, set a reduction target of 15% for the period August 2022-March 2023 as compared to the average of the same period of the five previous consecutive years.

During August-November 2022, natural gas consumption dropped in most Member States (see Figure 1). In 18 Member States, consumption dropped beyond the 15% target, in some, by a large margin (above 40%). Consumption fell the most in Finland (-52.7%), Latvia (-43.2%) and Lithuania (-41.6%).

Six Member States, while reducing their natural gas consumption, have not yet reached the 15% target. By contrast, natural gas consumption increased in Malta (+7.1%) and Slovakia (+2.6%).

This information comes from energy data published by Eurostat (Statistical Office of the European Union) and transmitted by the National Statistical Institutes of the Member States.

 

Bar chart: Natural gas consumption reduction, August-November 2022 vs. 2017-2021

Looking at monthly data from January to November 2022, consumption has been consistently below the 2017-2021 average of the respective months of those years. Between January and July 2022, natural gas consumption in the EU varied between 1 938 petajoules (PJ) in January, seasonally a colder month with higher consumption, and 785 PJ in July, indicating a monthly decrease overall, even before the target of 15% gas reduction was set up by the Council Regulation (EU) 2022/1369. This fall was higher in May (-12.9% compared with the average May of the 2017-2021 period of 956 PJ) when 833 PJ were consumed, then down by 7.1% in June (775 PJ vs 833 PJ). The reduction jumped to 13.9% in August, 14.2% in September, 24.2% in October and 23.6% in November (see figure 2).

August was the month with the lowest consumption: 708 PJ vs 823 PJ for the 2017-2021 average.

 

Infographic: EU natural gas consumption (calculated), petajoules, 2017-2022

 

ADVERTISEMENT
ADVERTISEMENT
The FINANCIAL

The FINANCIAL

Since 2005

Related Posts

Do ‘Dear CEO’ letters make a difference?
Education

Skip the angry, never-sent letter — try a grateful one instead

by The FINANCIAL
December 19, 2022
0

It’s long been said that writing an angry letter – but not mailing it —– is an effective way of...

Read more
Personal Finance: Patience is the most important investment tip

Cultural benefits can boost uptake of flight offsets

December 18, 2022
Capital Markets Union: SMEs will access to financial markets easier

Electricity and gas prices in the first half of 2022

November 1, 2022

Most precise accounting yet of dark energy and dark matter

October 22, 2022
Next Post
What Are the Potential Benefits of Hiring Non-Traditional HR Staff?

Early 2021 data on businesses more detailed & complete

Please login to join discussion
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
How to Check KRA Pin Using ID Number

How to Check KRA Pin Using ID Number

June 25, 2018
EasyJet to fly to London from Stockholm Arlanda

The London Diplomatic List, Addresses, Contacts & Working Hours

January 23, 2023
How to Manage an Employee Who’s Having a Personal Crisis

5 Assets To Store Your Wealth During Times Of Crisis

September 22, 2022
Russian issue: State Sponsors of Terrorism, U.S. State Department

Americans’ Favorable Rating of Russia Sinks to New Low of 9%

March 14, 2023
Kvaratskhelia Football Dynasty: Mamia, Badri, Khvicha and Tornike

Kvaratskhelia Football Dynasty: Mamia, Badri, Khvicha and Tornike

August 11, 2022
Reborn of Georgian Skeet

Reborn of Georgian Skeet

April 1, 2023

IMF Executive Board Approves US$15.6 Billion for Ukraine as part of a US$115 Billion Overall Support Package

April 1, 2023

Canine brain wiring influenced by human-driven breeding practices

March 31, 2023
5 Gambling Trends Transforming the Gambling Industry in 2021

William Hill Group businesses to pay record £19.2m for failures

March 31, 2023
Protected: Lear Capital Looks at What Effect the Great Resignation May Have on the Economy

Protected: Lear Capital Looks at What Effect the Great Resignation May Have on the Economy

March 30, 2023

Popular Last 24h

  • IMF Executive Board Approves US$15.6 Billion for Ukraine as part of a US$115 Billion Overall Support Package

    0 shares
    Share 0 Tweet 0
  • 5 Assets To Store Your Wealth During Times Of Crisis

    0 shares
    Share 0 Tweet 0
  • Fintech and cleantech win as global venture capital investments become more focused

    0 shares
    Share 0 Tweet 0
  • How to Check KRA Pin Using ID Number

    0 shares
    Share 0 Tweet 0
  • How to unlock your full investment potential

    0 shares
    Share 0 Tweet 0
  • EBRD invests €218 million in the Georgian economy

    0 shares
    Share 0 Tweet 0
  • Activision Blizzard to Pay $35 Million for Failing to Maintain Disclosure Controls

    0 shares
    Share 0 Tweet 0

LATEST POSTS

Reborn of Georgian Skeet

Reborn of Georgian Skeet

April 1, 2023

IMF Executive Board Approves US$15.6 Billion for Ukraine as part of a US$115 Billion Overall Support Package

April 1, 2023

Canine brain wiring influenced by human-driven breeding practices

March 31, 2023
5 Gambling Trends Transforming the Gambling Industry in 2021

William Hill Group businesses to pay record £19.2m for failures

March 31, 2023
Protected: Lear Capital Looks at What Effect the Great Resignation May Have on the Economy

Protected: Lear Capital Looks at What Effect the Great Resignation May Have on the Economy

March 30, 2023

 INSEAD unveils a 10-year campus re-imagination masterplan

March 30, 2023
Surgeon General spotlights opioid abuse, AOA offers doctors’ reference guide

telehealth services and medications for opioid use disorder associated with reduced risk for fatal overdose

March 30, 2023
Protected: iFLY: Delivering the Dream of Flight to Everyone

Protected: iFLY: Delivering the Dream of Flight to Everyone

March 30, 2023

Iceland is the most in-demand destination for a solo female travel trip

March 28, 2023
Inaugural Address by President Joseph R. Biden, Jr.

Biden Overall Approval at 40%, Key Issue Ratings Lackluster

March 28, 2023

LATEST INTERVIEWS

‘Russia cannot be treated as a reasonable and reliable trade partner

‘Russia cannot be treated as a reasonable and reliable trade partner

by The FINANCIAL
February 13, 2023
0

We should increase our joint efforts to assist the growing tech sector here in Georgia

We should increase our joint efforts to assist the growing tech sector here in Georgia

by The FINANCIAL
February 13, 2023
0

‘Georgia has much to offer to UK investors

‘Georgia has much to offer to UK investors

by The FINANCIAL
February 13, 2023
0

‘The best way for the Georgian economy to prosper is to join the EU

‘The best way for the Georgian economy to prosper is to join the EU

by The FINANCIAL
February 13, 2023
0

‘The Kremlin wants Georgia to fail or abandon its European path

‘The Kremlin wants Georgia to fail or abandon its European path

by The FINANCIAL
February 13, 2023
0

Russian Patriarch Kirill Says Dying In Ukraine ‘Washes Away All Sins’

Interview: Why Putin Might Prefer A Stalemate To Going Nuclear On Ukraine

by The FINANCIAL
October 22, 2022
0

Kvaratskhelia Football Dynasty: Mamia, Badri, Khvicha and Tornike

Kvaratskhelia Football Dynasty: Mamia, Badri, Khvicha and Tornike

by Tengiz Pachkoria
August 11, 2022
0

“Green business is a key instrument to support business development in a sustainable way”

“Green business is a key instrument to support business development in a sustainable way”

by The FINANCIAL
July 27, 2022
0

Newsletter

ADVERTISEMENT

GET IN TOUCH

E-mail your company news at:

news (at) financial.ge Letters to the Editor: editor (at) finchannel.com

Local Marketing contact:

(+99532) 2252 275 | 76 EXT: 1 (+995 558) 03 03 03 (mobile) marketing (at) finchannel.com

Requests from abroad:

(+99532) 2252 275 | 76 EXT: 7 (+995599) 96 52 52 Email: zviadi (@) finchannel.com Contact video editor: E-mail: video (at) financial.ge

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • America
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • CityLife
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.