Despite Chinese growth set to ease after strong 2018 Industry expected to lead global demand growth US gas supply to top 1 Tcm/year by 2024 London — Global gas demand is set to increase by 1.6% annually to 2024 to reach some 4.33 trillion cu m, the International Energy Agency said Friday, driven by surging consumption in the Asia-Pacific region, and particularly China. Receive daily email alerts, subscriber notes & personalize your experience. Register Now In its latest annual gas report, the IEA said the pace of global demand growth would slow after a strong increase in consumption of 4.6% last year to 3.9 Tcm, the fastest annual growth since 2010. “2018’s strong growth is unlikely to be the norm in the future because of slowing economic growth, declining potential for switching from coal to gas, and a return to average weather conditions after last year’s exceptionally hot […]