Europe’s gas import dependency will continue to increase over the next five years, the International Energy Agency (IEA) said, on 4 June. This results from a combination of decreased domestic production and a foreseen increase in demand for gas, the IEA said in its 'Medium-term market report 2015' .
Gas consumption in the EU has been on a downward trend since 2009, with last year witnessing a steeper drop due to a mild winter. The trend will reverse slowly as…