THE IMPACT OF THE PANDEMIC ON THE GLOBAL OIL AND GAS MARKET

Authors

  • Choriev Shukhrat Ulugbek ugli Analyst of the Department of Finance and Treasury Operations of “Uzbekneftegaz” JSC

DOI:

https://doi.org/10.17605/OSF.IO/HQS8U

Keywords:

Renewable energy sources, coronavirus pandemic, OPEC agreement, decarbonization policy

Abstract

The coronavirus pandemic has had a significant impact on the global energy market. However, this impact is short-term. The most significant was the acceleration of the decarbonization process and the energy transition: the plans for the development of the energy industry in many developed countries include the intensification of investments and an increase in decarbonization costs. In the long term, this factor is negative for oil demand, neutral or positive for global gas demand.

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Published

2022-09-29

Issue

Vol. 3 No. 09 (2022): agir

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to Cite

THE IMPACT OF THE PANDEMIC ON THE GLOBAL OIL AND GAS MARKET. (2022). Academicia Globe: Inderscience Research , 3(09), 111-113. https://doi.org/10.17605/OSF.IO/HQS8U