Small-scale LNG key to gas growth
Demand for gas is set to grow from sources beyond grid generation, such as projects to directly serve the burgeoning power requirements of datacentres
Demand for natural gas is set to rise rapidly across a range of applications due to its relatively low emissions, versatility and suitability for growing off-grid applications, a panel of experts agreed during the Emea leg of the Petroleum Economist LNG to Power Forum series on Wednesday. Natural gas demand is expected to grow more than demand for any other energy source, with the fuel rising to 26pc of the global power generation mix by 2040, says Brooke Harris, global gas demand development manager at ExxonMobil. She adds that gas demand in Asia is expected to more than double between 2017 and 2040. “It is a near-term lower-cost option to reduce greenhouse gas emissions and to improve air

Also in this section
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
30 April 2025
State administrations are using a flawed metric to justify green energy projects
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
24 April 2025
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network