The strong underlying demand growth in liquefied natural gas (LNG) sets the global gas market apart from the oil market, where a managed decline in long-term production seems to be the most plausible future scenario.
In sharp contrast to oil products we deem natural gas very much a part of the solution in a global effort for decarbonisation, as the commodity serves as a 'bridge fuel' between carbon intensive coal and renewables-based electricity generation. The sheer fact 38% of global electricity generation still relies on coal exemplifies the enormous scope for natural gas and the ecological benefits that could be realised by making use of the substantially lower CO2 footprint of gas-based electricity generation. Is 'big oil' failing to react to economic changes and investor demand? LNG shi...
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