Current Trends in Global Natural Gas Market

Anatoly Alexandrovich Laznik, Roman Denisovich Zharkov, Natalya Yuryevna Rodygina and Vladislav Igorevich Musikhin
Additional contact information
Anatoly Alexandrovich Laznik: TransneftElektrosetServis LLC, Moscow, Russia
Roman Denisovich Zharkov: TransneftElektrosetServis LLC, Moscow, Russia
Natalya Yuryevna Rodygina: Russian Foreign Trade Academy, Moscow, Russia
Vladislav Igorevich Musikhin: TransneftElektrosetServis LLC, Moscow, Russia

Russian Foreign Economic Journal, 2021, issue 7, 87-97

Abstract: This article is devoted to assessing the prospects and trends in the global natural gas market in the period from 2020 to 2040. The authors consider the countries and regions separately, and assess the industry considering the global pandemic caused by the spread of the new coronavirus infection (Covid-19). It is emphasized that developing countries will increase LNG imports, as LNG prices remain low, which organically supports the initiative to switch from coal to gas. The share of natural gas in electricity production will reach a quarter of global demand, surpassing oil. The largest driver of growth - the leading consumer - is industrial production because of the development of urban gas distribution networks and the active environmental policies of the countries.

Keywords: Natural gas; LNG; global energy market. (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://repec.vavt.ru/RePEc/alq/rufejo/rfej_2021_07_87-97.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2021_07_87-97

DOI: 10.24411/2072-8042-2021-7-87-97

Access Statistics for this article

More articles in Russian Foreign Economic Journal from Russian Foreign Trade Academy Ministry of economic development of the Russian Federation Contact information at EDIRC.
Bibliographic data for series maintained by Irina Katolik ().