Banging the drum for gas
The Gas Exporting Countries Forum is backing the fuel to shake off its current malaise and enjoy future growth
Gas and LNG have somewhat lost their ‘golden age’ lustre in the last six months. Record low prices and a global economic contraction that threatens rosy demand projections have dealt body blows to the industry. Speaking to Gas Exporting Countries Forum (GECF) secretary-general Yury Sentyurin, Petroleum Economist found him in a realistic mood about the challenges facing the fuel. But, perhaps unsurprisingly, he remained bullish for the future. Does the GECF believe that the current global gas price slump is temporary? Sentyurin: This year has brought numerous challenges—a ‘perfect storm’, you might say, for the global gas industry. Even before Covid-19, the market environment was not favour
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