As with every industry, the oil and gas sector is facing unprecedented challenges and impacts as a result of the Covid-19 crisis. Planning for multiple different scenarios can provide a framework for companies to navigate the pandemic. Peter Parry, Jorge Leis, Michael Short and Dave Rennard, partners in Bain's Oil & Gas practice, explain how Covid-19 is affecting gas demand and share scenarios that companies can use to help plan for recovery and beyond.
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The global Covid-19 pandemic has extracted a terrible human toll and spurred sweeping changes in the world economy. Across industries, executives have begun reassessing their strategies and repositioning their companies to thrive now and in the world beyond coronavirus.