Despite decline in oil prices, natural gas demand outlook revised down
Weakness in Asia weighs on IEA’s five-year forecast
Lower prices will feed a pick-up in global natural gas demand over the next five years following a marked slowdown in 2013 and 2014, the International Energy Agency (IEA) said Thursday in its 2015 Medium-Term Gas Market Report. Nevertheless, the growth in demand will fall short of previous forecasts.