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Europe’s gas outlook for 2023
The Sound of Economics
Demand Reduction
In January, for example, we continue to see about 25% reduction in demand compared to the previous three-year average. This goes against a 15% demand reduction target that's currently agreed at the European Union level against a slightly different baseline. But these numbers are still very, very positive. As you hint at, the big question is how we go about achieving these demand reductions and how we will continue.
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