Oil and gas sector less likely to witness disruption in short term

Oil and gas sector less likely to witness disruption in short term

The oil and gas sector is recovering quickly from the impact of the COVID-19 pandemic, where demand is already growing back. WAM Although the COVID-19 pandemic is causing disruptions across almost all industries, the oil and gas sector is less likely to witness significant disruption in the short term, according to Dr Angela Wilkinson, Secretary General of the World Energy Council (WEC). "While the energy transition progresses, we now see that significant disruption in the short term is less likely for the oil and gas sector, where demand is already growing back," she told Emirates News Agency (WAM) from London by email. "It is worth remembering, however, that human behaviours change constantly and impact the economy in unforeseeable ways. This is crucial for the Middle East, whose nations have played a pioneering role in the development of the world's energy infrastructure and will keep being an essential pillar of expertise in the industry for the years to come," Wilkinson added. WEC is a leading member-based global energy network of over 3, 000 member organisations in around 90 countries. Wilkinson added that WEC's latest COVID-19 survey of world energy leaders will be published soon. US agency expects rising oil demand Meanwhile,