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The global gas market experienced unprecedented volatility and turmoil over the last 18 months. A collapse in natural gas demand and prices in the wake of the Covid-19 crisis in early 2020 gave way to progressively tightening market conditions and surging prices in the second half of 2020 and throughout 2021. Brief energy crises in Northeast Asia and Texas during the previous heating season and the prospect of a gas supply crunch in Europe in the upcoming northern hemisphere winter underscore the importance of gas supply security and market flexibility in a transitioning energy system.
The IEA’s latest Quarterly Gas Market Report and Global Gas Security Review explores the gas market dynamics leading up to the present market tightness and provides a short-term forecast for 2022. The report also features an annual assessment of global gas market flexibility metrics and LNG contracting trends, as well as an in-depth analysis of the supply security implications of a transition to low-carbon gases. We hope you will join us for this virtual discussion to explore recent market trends and the outlook for global gas supply, demand, and security.
Jean-Baptiste DUBREUIL joined the International Energy Agency in 2017 as Senior Natural Gas Analyst. He is the lead author of the IEA’s quarterly Gas Market Report and coordinates the work of a team of experts on short- to medium-term gas market developments. Jean-Baptiste has two decades of experience in energy with industry, research and services stakeholders. Before joining the IEA, he held several economic analysis management positions within Engie, a leading global energy provider, at both corporate and business unit levels. He has academic experience as an invited lecturer with Paris Institute of Political Sciences, IFP School and Ecole Polytechnique Executive Education. He holds a Master of Energy Economics from the French Institute of Petroleum and graduated in Economics and Finance from Paris Institute of Political Sciences.
Akos Losz is a natural gas analyst at the International Energy Agency (IEA) in Paris. Prior to joining the IEA, he was a senior research associate at Columbia University’s Center on Global Energy Policy based in New York. Previously, he worked at the New York office of Westwood Global Energy Group, a UK-based global energy consulting firm, and at the strategy development team of MOL Group, a Hungary-based international energy company. He completed internships at CSIS, a leading Washington DC think tank, and at PFC Energy (now IHS Markit). Akos holds an MA from Columbia University’s School of International and Public Affairs and completed undergraduate studies at the Corvinus University of Budapest.