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
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
27 May 2025
Carbon capture, utilisation and storage needs stable policy, investable frameworks and coordinated infrastructure if it is to be developed at scale
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
