Gas for Transport

Flexibility key to driving gas demand growth – IEA

The gas market will experience significant growth over the next 23 years, led by a large increase in production from the US and growing demand from China The gas market will experience significant growth over the next 23 years, led by a large increase in production from the US and growing demand from China.
By Andrew Walker 15 November 2017 0 28386
Gas demand growth in key markets to 2040

The low carbon content and flexibility of gas will ensure that it experiences robust demand growth of 1.6% to 2040, according to the International Energy Agency’s World Energy Outlook 2017

Sources of gas demand growth by period

Demand for gas will increase from the industrial, heating and heavy haulage transport sectors – economic areas that are difficult to electrify – over the coming years as countries seek to meet their...