Monday, 05 July 2021 05:15
EIA Gas Report forecasts new investment in US shale-gas production to support LNG export capacity
Global natural gas demand is expected to rise by 3.6 percent in 2021 before easing to an average growth rate of 1.7 percent over the following three years, though by 2024 demand is forecast to be up 7 percent from 2019 pre-Covid-19 levels, according to the latest quarterly Gas Market Report from the Paris-based International Energy Agency.
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