At the third summit in 2015, the GECF presented a forecast for the development of the gas market until 2050. According to GECF analysts, the key to the successful development of the global gas industry is the growth of the economy and population. Analysts have determined that by 2050 the population will grow by 2.2 billion people and reach 9.8 billion. The main trend for the gas industry: energy will become more affordable, and this will provide almost 30% of additional demand. However, in 2020, analysts announced that due to the minimum oil price and the consequences of the pandemic, this forecast could be revised. According to GECF experts, the Asia-Pacific region, North America and the Middle East will become the regions-drivers of demand. The growth of future demand will be 39%, 24% and 13%, respectively. Demand in Europe will grow until 2030, and then there will be a gradual decline. This gas market forecast until 2050 is updated annually.