Doha: Doha-based Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, will launch the latest edition of its flagship GECF Global Gas Outlook 2050 (GGO) on February 15 at 15:00 Doha time, with the presence of energy stakeholders from around the world.
As in previous years, the 2020 edition of the sought-after publication will encompass the full sweep of the gas industry as it reinforces its reputation as the only outlook in the world on natural gas – a fuel that is projected to be the world’s primary source of energy by mid-century.
The launch will be attended by the Deputy Prime Minister of Russia, H E Alexander Novak and Special Representative of the Russian President for Cooperation with the GECF and Chairman of the Board of Directors of Gazprom, Viktor Zubkov, along with a bevy of energy industry peers. The GGO’s introduction will be presented by GECF Secretary-General Yury Sentyurin, who will also highlight its precise findings. The presentation will be followed by a panel discussion with participation of the Outlook’s co-authors – who are GECF senior experts – and a media briefing.
Last year’s launch ceremony was held in Qatar and chaired by the Minister of State for Energy Affairs and President and CEO of Qatar Petroleum, H E Saad Sherida Al Kaabi. Due to the limitations imposed by COVID-19, the 2021 event will be held virtually for the first time.
Now in its fifth edition, the GGO aims to be a global reference for insights on natural gas markets and offers an impartial, facts-based, scientifically-grounded view on market drivers, evolution and predictions to help envision the world energy future over the 2050 forecast horizon. The Outlook is powered by the GECF Global Gas Model (GGM), a highly-granular econometric and statistical tool designed and developed in-house at the GECF Secretariat.
The Global Gas Model and its pivotal publication Global Gas Outlook 2050 are rigorously managed by a versatile team of energy economics and forecasting experts at the GECF.
Sentyurin said: “The latest iteration of the Global Gas Model is its most advanced rendering to date, and allows us to discover current and emerging trends. These findings are being presented in the GECF Global Gas Outlook 2050 in the form of in-depth insights. The fifth edition of the Outlook is unique in that it is being made available at a time when the world is going through an extreme period of uncertainty in light of the COVID-19 pandemic and the global economic recovery”.
