The pandemic has put a strain on many aspects of our lives, and now it’s affecting the energy industry. A new report from the International Energy Agency has revealed that the pandemic has compounded the challenges that energy companies face when it comes to pipeline projects. The report outlines the various issues that have been created by the pandemic, such as reduced project financing, labour shortages and travel restrictions. This has had a significant impact on the ability of energy companies to plan and execute pipeline projects, hindering their progress. The report also highlights the potential for projects to be delayed or even cancelled, which could have major implications for the global energy industry. It’s clear that the pandemic is having a significant impact on the energy industry, and the challenges posed by pipeline projects will only increase in the coming months.

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source: Phys.org