Banging the drum for gas
The Gas Exporting Countries Forum is backing the fuel to shake off its current malaise and enjoy future growth
Gas and LNG have somewhat lost their ‘golden age’ lustre in the last six months. Record low prices and a global economic contraction that threatens rosy demand projections have dealt body blows to the industry. Speaking to Gas Exporting Countries Forum (GECF) secretary-general Yury Sentyurin, Petroleum Economist found him in a realistic mood about the challenges facing the fuel. But, perhaps unsurprisingly, he remained bullish for the future. Does the GECF believe that the current global gas price slump is temporary? Sentyurin: This year has brought numerous challenges—a ‘perfect storm’, you might say, for the global gas industry. Even before Covid-19, the market environment was not favour

Also in this section
22 May 2025
The next energy crisis could come from the severing of the link between oil and gas prices, with potentially severe economic consequences
22 May 2025
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections
21 May 2025
From the upstream sector to the end-users, gas is no longer seen as a transition fuel or an afterthought, executives told attendees at the World Gas Conference
21 May 2025
Integrated refining and petrochemicals company highlights strategic flexibility amid trade war risks and long-term planning to futureproof business, says CEO Prabh Das