Global gas demand expanded at its fastest rate since 2010


Global gas demand expanded at its fastest rate since 2010

Global gas demand expanded at its fastest rate since 2010, with year-on-year growth of 4.6 percent, the second consecutive year of strong growth, driven by higher demand and substitution from coal, Trend reports with reference to the International Energy Agency (IEA).

“Demand growth was led by the United States. Gas demand in China increased by almost 18 percent,” reads a report by IEA.

The report shows that oil demand grew 1.3 percent worldwide, with the United States again leading the global increase for the first time in 20 years thanks to a strong expansion in petrochemicals, rising industrial production and trucking services.

“Global coal consumption rose 0.7 percent, with increases seen only in Asia, particularly in China, India and a few countries in South and Southeast Asia,” said IEA. Read More

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