Pratap John is Business Editor at Gulf Times. He has mainstream media experience of nearly 30 years in specialties such as energy, business & finance, banking, telecom and aviation, and covered many major events across the globe.
The impact of Covid-19 in 2020 is estimated to have led to around a 7% reduction in global energy-related CO2 emissions; the GECF said and noted this decline, however, will be short-lived with a rebound in 2021 and 2022 as energy demand recovers.
Despite Covid-19 and slowdown in the growth of expatriate population, the annual fall in rents and capital values of residential units during 2020 was less compared to year-on-year (YoY) decline in 2019, the researcher said in its country report
The gas market will progressively become more interconnected and less regionalised due to the projected extension of total gas exports; GECF said and noted the Asian LNG market, with 71% of global LNG imports, will remain the largest regional market.
The development of the global gas market largely depends on the Brics countries, whose energy balance will witness natural gas’ growth by almost 50% by 2040, says Alexander Novak, deputy prime minister of the Russian Federation.
Growth in Qatar’s expatriate population is predicted to rise in the second half of 2021, post lifting of social mobility restrictions, resulting in a pick-up in real estate demand, researcher ValuStrat has said in a report.
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