IEA Gas 2020: The Impact of Covid-19 pandemic on the global natural gas market
Monday, October 19, 2020, 11:00 – 12:30
Organized by the CEU Energy Policy Research Group (EPRG) and the Jean Monnet Chair in Energy
Akos Losz, Energy Analyst, Gas, Coal and Power Markets Division, International Energy Agency, and non-resident fellow at the Center on Global Energy Policy.
Hosted by Professor Michael LaBelle, Associate Professor and Jean Monnet Chair in Energy and Innovation Strategies, Central European University, Department of Environmental Sciences and Policy and Department of Economics and Business
With support co-funded by the Erasmus+ Programme of the European Union
Description:
2020 is on its way to experiencing the largest recorded demand shock in the history of global natural gas markets. The Covid-19 pandemic hit an already declining gas demand, faced with historically mild temperatures over the first months of the year. Gas consumption is expected to fall by 4% in 2020.
The Global Gas Security Review is the IEA’s annual flagship publication on gas supply security, which provides a quantitative assessment of contracting trends, supply flexibility, buyer and seller behavior, and the evolution of global LNG trade. This year’s review (for the first time) is complemented with an update of the IEA’s global gas market outlook, which incorporates the latest available data into the IEA’s supply-demand forecast, with particular focus on the impact of the Covid-19 crisis on global gas markets in 2020 and 2021.
Date and Time:
Monday, October 19, 2020, 11:00 – 12:30
Agenda:
11:00 – 11:20: Presentation
11:20 – 11:40: Audience Questions:
11:45 – 12:30: Discussion and podcast recording session with Professor Michael LaBelle
Location:
Join Zoom Meeting
https://ceu-edu.zoom.us/j/97766734079...
Meeting ID: 977 6673 4079
Passcode: 602206
