Consumption is expected to gradually decrease after 2030 Global demand for natural gas is expected to reach its peak as early as 2030, according to the World Energy Outlook 2023 issued by the International Energy Agency (IEA) on Tuesday. Gas consumption worldwide has increased by an annual average of nearly 2% since 2011. However, growth will slow to less than 0.4% from now until the end of the decade, experts at the Paris-based institution said. “The Golden Age of Gas is nearing an end,” the outlook proclaims. According to the report, power and buildings sectors have already seen peaks in natural gas use, with ad
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