IEA: Global Gas Demand to Drop 4% in 2020, New Growth to be Centered in Asia

IEA: Global Gas Demand to Drop 4% in 2020, New Growth to be Centered in Asia

IEA: Global Gas Demand to Drop 4% in 2020, New Growth to be Centered in Asia


Attachment: Global, spot, Demand, LNG

SUGAR LAND--June 11, 2020--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Global demand for natural gas will fall 4%, about 150 billion cubic meters (Bcm) or 5.3 trillion cubic feet (Tcf), this year, a historic pullback that is double the decline experienced in the 2008-09 financial crisis, the International Energy Agency (IEA) (Paris, France) said in its Gas 2020 report, released June 10.

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