Global natural gas demand to drop by the most in history
According to the International Energy Agency Global, the demand of natural gas is going to drop as
never before this year. The reasons are the spread of Covid-19 and the mild climate which has
spread all over the world.
Consumption is set to slump by 4% in 2020, while global demand is expected to rise by just 1.5%
annually to 2025, compared with a previous forecast of 1.8%.
IEA executive director Fatih Birol said “Natural gas has so far experienced a less severe impact
than oil and coal, but it is far from immune from the current crisis.”