A new global gas order

Although the world appears to be emerging from the energy crisis, the global gas market remains tight. A key question remains as to what type of gas market will emerge? Global gas demand growth between 2021 and 2030 is projected at some 400 bcm. This is growth of some 10 percent or 1 percent per annum. China and the Middle East account for over 80 percent of this growth. Prior to the Russian invasion of Ukraine and the energy crisis, expected demand growth between 2021 and 2030was some 300 bcm higher, although the drop in growth forecast cannot all be […]