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
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
