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GECF Global Gas Outlook 2050

In an era characterized by energy transitions, it has never been as critical to understand the key drivers shaping the future of global energy. The GECF Global Gas Outlook (GGO) provides modelled long-term energy projections, based on assumptions regarding macroeconomic conditions, energy prices, and policies. 

The GECF GGO is one of the Forum’s annual flagship publications. The only energy outlook worldwide to focus solely on natural gas. The GGO aims to be a global reference for insights on natural gas markets and offers a view on natural gas market drivers, evolution and predictions to help envisioning the world energy future over the 2050 forecast horizon. 

The GECF GGO 2050 consists of 6 chapters. Chapters I and II introduce key global gas demand assumptions, including economic, energy price and policy assumptions, as well as environmental policy development. Chapter III highlights energy and gas demand trends, followed by supply assumptions in Chapter IV, which include global gas resources, upstream and unconventional production. Chapter V is dedicated to global gas trade and investment outcomes resulting from the equilibrium between supply and demand. It takes into consideration gas market constraints, in terms of supply infrastructure, international supply contracts and gas supply policies (e.g. the satisfaction of domestic gas demand as a priority for some countries). The final chapter features two alternative scenarios devised by the GECF Secretariat: the Carbon Mitigation Scenario and the Technology Advancement Scenario.

The GECF Energy Economics and Forecasting team uses the GECF Global Gas Model (GGM) for long-term economic forecasting of the natural gas market. The GGM is a highly granular energy that includes various sub-models. The model has the capabilities to forecast 134 countries and covers 33 sectors and 35 fuels.

 The 2019 GGO was released on the 10th of February 2020 in Doha, Qatar

2019 Edition of the GECF Global Gas Outlook 2050

Explore Previous Versions:

2018 Edition of the GECF Global Gas Outlook 2040

2017 Edition of the GECF Global Gas Outlook 2040

2016 Edition of the GECF Global Gas Outlook 2040

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