Page 20 - Gi February 2022

REPAIR OR T Administration forecasts that
he global oil and gas industry
has recovered strongly from the
initial impact of the pandemic.
The US Energy Industry

global oil consumption will grow by 3.6
REPLACE? million barrels per day (b/d) in 2022
and by 1.8 million b/d in 2023, reaching
100.5 million b/d in 2022 and 102.3
million b/d in 2023.
Global gas demand is increasingly
robust also. It was expected to rise by
3.6 per cent in 2021 before easing to
an average growth rate of 1.7 per cent
Stuart Querns, Director for Enterprise Asset Management over the next three years, according to
(EAM), Delaware United Kingdom, explains how predictive the IEA’s quarterly Gas Market Report,
which also delivers a new medium-
maintenance can help gas firms to keep systems running and term forecast. By 2024, demand is
maintain a lid on costs forecast to be up by seven per cent on

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