OIL & GAS

Pandemic could delay energy demand recovery to 2025: IEA

A slow economic recovery from the pandemic threatens to delay a full rebound in world energy demand to 2025, the International Energy Agency said on Tuesday.

In its central scenario, a vaccine and therapeutics could mean the global economy rebounds in 2021 and energy demand recovers by 2023, the IEA, which advises Western governments on energy policy, said in its annual World Energy Outlook.

But under a “delayed recovery scenario”, the timeline is pushed back two years, it said.

Source
ET Energy World
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