Gas industry must look beyond 2030 blindspot
Gas will become a more important part of the energy mix longer-term, raising the alarm for much-need investment as supply struggles to keep up with demand
With the global gas industry fixated on the likely supply glut that awaits from next year and questions about the role of gas in meeting net-zero targets, the Gas Exporting Countries Forum’s (GECF’s) Global Gas Outlook 2050 provided a timely reminder that long-term gas demand will continue on an upward path. The amount of investment required to guarantee global gas security is immense. In fact, today’s gas concerns around near-term shortages and price spikes should be the guiding light for long-term energy policy, not what is currently on the horizon. “The Global Gas Outlook dispels the myth that natural gas investment can be halted” Hamel, GECF “Global consumption of oil, gas, coal
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