The International Energy Agency (IEA) has nudged up its global gas demand forecast for this year, but still sees the biggest fall on record due to the impact of the COVID-19 pandemic. The Paris-based agency said on Monday it now expected gas demand to drop by 3% year-on-year, or 120 billion cubic metres (bcm), to 3,886 bcm. “Global gas demand has been progressively recovering since June, driven mainly by emerging markets,” IEA director Fatih Birol said in a statement, after the agency published its “Global Gas Security Review 2020”. …read more
Source:: Yahoo Finance
