London, October 19th 2023
The International Gas Union (IGU), Snam and Rystad Energy released the 2023 Global Gas Report at the Energy Intelligence Forum in London. The event was attended by global industry leaders, analysts and reporters who were gathered to oversee the release, which included key messages for the industry:
- Having demonstrated significant resilience in the face of extreme shocks through 2022, the global gas industry came out of the most turbulent year in its history more agile and adaptable than ever, yet the global gas market is still in an unstable equilibrium in 2023.
- The gas market remains undersupplied, highly sensitive to fluctuations on supply and demand sides.
- Massive divergences across international energy and gas demand outlooks vis-à-vis low investments in natural gas, low carbon and renewable gases, fuels risk of worsened energy shocks toward 2030 and beyond.
- Natural gas, low carbon and renewable gases play a pivotal role in decarbonising energy systems around the world, helped by the adaptability of LNG infrastructure that delivers critically needed flexibility.
The report presentation was led by Tatiana Khanberg (Director Strategic Communications and Membership, IGU), Simon Sjøthun (Partner Consulting & Head of London Office, Rystad) and Claudio Farina (EVP Digital Transformation & Technology, Snam).
To go to the report page and download it click here
