Demand of natural gas.
The world's consumption of natural gas is set to decline by four percent this year, but global demand will return to growth after the pandemic, thanks to low natural gas prices and stricter environmental policies. The Global Gas Report 2020 - published by the International Gas Union (IGU), research company BloombergNEF (BNEF), and Italian gas infrastructure firm, Snam, said the trend of increased natural gas demand due to environmental concerns, which was already underway before the pandemic, will continue after COVID-19 is under control. Earlier, an analysis of SandP Global Platts Analytics data showed that exports of LNG from West Africa's four producers have shown some resilience, despite economic turmoil triggered by the coronavirus pandemic. Total LNG exports from the four exporting countries in the region - Nigeria, Angola, Equatorial Guinea and Cameroon, so far this year are broadly in line with volumes supplied in the same time frame...
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