Oxford Energy - New Global Gas Order, 2030
Summary
This report by Mike Fulwood, Senior Research Fellow at the Oxford Institute for Energy Studies, explores the outlook for global gas markets up to 2030 in the wake of the Covid-19 pandemic and the Russian invasion of Ukraine. The report highlights the significant impact that these events had on the gas industry, leading to a sharp drop in demand and prices. Despite this, the report suggests that gas will continue to play an important role in the global energy mix in the short-to-medium term, particularly in regions such as Asia and the Middle East where demand is expected to grow. However, the report also highlights a number of challenges facing the gas industry, including competition from renewables, increasing environmental concerns, and geopolitical risks. The report argues that policymakers and companies need to be realisThis report by Mike Fulwood, Senior Research Fellow at the Oxford Institute for Energy Studies, explores the outlook for global gas markets up to 2030 in the wake of the Covid-19 pandemic and the Russian invasion of Ukraine.
The report highlights the significant impact that these events had on the gas industry, leading to a sharp drop in demand and prices. Despite this, the report suggests that gas will continue to play an important role in the global energy mix in the short-to-medium term, particularly in regions such as Asia and the Middle East where demand is expected to grow. However, the report also highlights a number of challenges facing the gas industry, including competition from renewables, increasing environmental concerns, and geopolitical risks.
The report argues that policymakers and companies need to be realistic about the likely outcomes for the gas industry in order to make informed decisions about the long-term future.
Overall, the report provides a comprehensive analysis of the current state of the gas industry and the key trends and challenges that will shape its future.tic about the likely outcomes for the gas industry in order to make informed decisions about the long-term future. Overall, the report provides a comprehensive analysis of the current state of the gas industry and the key trends and challenges that will shape its future.
Region:
Global
Published:
August 2023
Author(s):
Oxford Energy
Language:
English