By Joseph Branch in Economics News —

Russian fossil fuel exports will never return to the levels seen in 2021, IEA

Russian fossil fuel exports will never return to the levels seen in 2021, IEA
Photo by Marcin Jozwiak / Unsplash

The share of Russian energy resources in the world market will halve by 2030.

The IEA questions the reorientation of Russian energy supplies to the East. For example, the growth of demand for gas in China will fall to 2% in the current decade against 12% in the 10-ies. IEA: the golden age of gas demand growth has come to an end.