The International Energy Agency (IEA) released a report Wednesday titled, “Gas 2020: Analysing the impact of the COVID-19 pandemic on global natural gas markets.” IEA says the global gas market will experience its “largest demand shock on record” in 2020, with demand for natural gas worldwide decreasing by 4% this year. That’s a bit better than IEA’s previous estimate of a 5% decrease in 2020.
The International Energy Agency (IEA) released a report Wednesday titled, “Gas 2020: Analysing the impact of the COVID-19 pandemic on global natural gas markets.” IEA says the global gas market will experience its “largest demand shock on record” in 2020, with demand for natural gas worldwide decreasing by 4% this year. That’s a bit better than IEA’s previous estimate of a 5% decrease in 2020.