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The rate of gas consumption in Europe has decreased due to the increase in prices


European countries reduced their gas consumption in the months of August and September, with the decline in the industrial sectors of production, amid high prices and the scarcity of Russian supplies, according to the Oman News Agency.

Total gas consumption in 27 EU member states fell by 14% in August compared to the five-year average in the same month, and by 15% in September, according to the latest data from the European Statistical Office Eurostat.

The demand for heating using gas decreased during the summer, while the reduction in consumption by the industrial and electricity sectors came with the rise in gas prices to record levels, driven by Russia’s direction to reduce supplies to Europe due to its political crisis with Ukraine.

High gas prices led to temporary shutdowns of steel, smelters and cement plants across the European Union in recent months, while European fertilizer producers reduced production by more than 70% of capacity in August 2022.

European Union members agreed in July to voluntarily cut gas demand by 15% starting in August, as they raced to fill gas stocks and provide fuel for the winter.

With 94% of the gas storage capacity in the European Union filled, and temperatures unusually mild, gas prices have fallen in recent weeks, although they are still higher than they were a year ago.

The recent decline in gas consumption has not been evenly distributed across the European Union, with some countries experiencing a slight increase in consumption.

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