MARKETS

New natural gas production urgently needed: Rystad

INDEPENDENT energy research intelligence company Rystad Energy has warned that the current existing gas fields will not meet the global gas demand as it is projected to rise in the next decade despite a 12.5% surge in gas output by 2030 and rapid growth in renewable energy.

Yiying Li

New natural gas production urgently needed: Rystad

Rystad's vice president of exploration Aatisha Mahajan said gas was increasingly considered a crucial stepping stone to a sustainable future. "With reduced emissions and regional energy security goals...

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