What Will COVID-19 Mean for LNG?

COVID-19 has created a demand shock in the oil market as social distancing reduces movement and daily travel for more and more of us each day. At present, most of the reporting agencies expect oil demand growth this year to be largely flat, well below the 1.2 million barrels/day (mmb/d) expected just a few months ago. And this demand growth forecast will likely be revised down further as large gatherings are cancelled, schools shut their doors, and companies implement policies to encourage or mandate working from home.

On the Roscongress Foundation portal ‘Anticrisis Plan. Global Best Practices’ and in the ROSCONGRESS.ORG Information and Analytical System a report has been posted on the impact of the COVID-19 coronavirus pandemic on the economies of African countries.

The rating agency Expert RA has published a macroeconomic overview of the current state of Russia’s economy with an outlook for 2020.

The research prepared by the Fund RC Investments which is an investment unit of the Roscongress Foundation examines the current situation as well as projections regarding the impact of coronavirus on the state of the economy in Russia and across the globe. It also outlines the main challenges and measures to support businesses under the pandemic and provides recommendations on how to streamline measures focused on the support of SMEs and making the process of overcoming the crisis easier.