The world is going through its “first global energy crisis”

Par Emily Chow and Muyu Xu

SINGAPORE (Reuters) – The worldwide tightening of liquefied natural gas (GNL) markets and the reduction in supply of the main oil producers have put the world in the midst of “the first truly global energy crisis,” he said on Tuesday. chef of the International Energy Agency (AIE).

The increase in LNG imports in Europe in the context of the Ukrainian crisis and a potential rebound in Chinese appetite for fuel will tighten the market, because only 20 billion cubic meters of new LNG capacity will be earned on the market next year, Fatih Birol, Executive Director of the AIE, declared at the conference in Singapore. Semaine internationale de l’énergie.

At the same time, the recent decision of the Organization of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, to reduce production by 2 million barrels per day (bpd) is a decision “risky” because the IEA considers that global oil demand growth of nearly 2 million bpd this year, Birol said.

“(It’s) particularly risqué alors que plusieurs économies dans le monde sont au bord d’une recession, si nous parlons de la recession mondiale… I trouvé cette decision vraiment malheureuse,” he declared.

Mais Birol also declared that the current energy crisis could be a turning point in energy history to accelerate clean energy sources and to form a durable and secure energy system.

“La sécurité énergétique est le moteur numéro un (de la conversion énergétique)”, declared Birol, alors que les countries consider les technologies énergétiques et les énergies rénovéables comme une solution.