Global gas demand is set to turn negative in 2022 as a result of high prices and market uncertainty, with demand expected to fall by 0.3% this year, the International Energy Agency said April 20. Receive daily email alerts, subscriber notes & personalize your experience. Register Now In its latest quarterly market report, the IEA said global gas demand in 2022 was forecast at 4.086 Tcm compared with 4.097 Tcm last year, and was a downward revision of a previous forecast for global gas demand growth of 1% this year. “Tight supply, high prices, and heightened market uncertainty have led to a downward revision in global gas consumption growth, which as a result is expected to turn negative for 2022,” the agency said. “The outlook remains highly uncertain, and further downsides can be expected, especially in emerging gas importing markets, as a result of lasting supply tensions, high prices […]