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Gas Market Flexibility Improving, Security Still a Concern

While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalized and interdependent markets is creating new security challenges, according to the International Energy Agency’s latest assessment of global gas security.

The report details how importing countries in mature and well-interconnected markets can still experience unexpected shocks that put strong pressure on the market. Even in the current low-price environment, suppliers are still exposed to low-probability but high-impact events that could have potentially serious consequences for global gas supplies. 

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