Gas imports set for fall-oft

摘要

EUROPE is likely to cut back on pipeline and liquefied natural gas imports as demand in 2020 is set to drop by 0.7% compared to a pre-coronavirus forecast, according to a report from Norwegian consultancy Rystad Energy. Europe's gas demand forecast has now been revised for 2020 to 556 billion cubic metres, down from 560 Bcm before coronavi-rus-related restrictions were put in place. Gas demand in the region last year was calculated at 554 Bcm. In addition, growth will be limited to just about 2 Bcm year on year, short of previous expectations for a 6 Bcm increase.