• Initiative -
  • Type General news
  • Date 14th October 2020

A Webinar Pondering the Impact of COVID-19 on the Global Gas Market for the Next Two Years

On Monday, 12 October, the King Abdullah Petroleum Studies and Research Center (KAPSARC) organized the “Global Gas Security Review and Gas Market Outlook” webinar to ponder the gas outlook and the impact of COVID-19 on the global gas market in 2020 and 2021.

Participants from International Energy Agency (IEA), Clingendael International Energy Program, Qamar Energy, and Cheniere, along with KAPSARCs’ experts, gathered to discuss IEA’s global gas market outlook, gas supply security, how the global market has been able to adapt to the Covid-19 crisis, and how gas trade has changed.

The participants focused on the recovery after the pandemic, energy transition, gas demand growth in the future, and guides to future energy trends. The webinar comes under the center’s initiative which explores Saudi Arabia’s gas demand, domestic gas supply, and natural gas trade in the global context.

It also fits into the context of KAPSARC’s energy webinar series, while the center focuses through its research programs on Energy and Macroeconomics, Transport and Urban Infrastructure, Energy Markets and Industrial Development, Energy Transitions and Electric Power, Policy and Decision Science, and Climate and Environment. In addition to these programs and workshops, the center also seeks to publish the summary and recommendations of these workshops on KAPSARC’s website.

The workshops held by KAPSARC are an interactive and participatory platform that brings together stakeholders, experts and specialists in energy and economics. The center collaborates with a number of global research centers, public policy organizations, government and industrial institutions to share knowledge, analyses and recommendations aimed at improving the welfare of societies locally and globally.