Natural gas in energy supply is not going anywhere and its demand will only rise with growth in economies and global population, which will require additional LNG projects to come online after 2030
, the energy minister of one of the biggest LNG exporters, Qatar , said on Wednesday. “Everybody's trying to get the inflation down, so if we have a reasonable economic growth going forward, I think you'll see that all the supply and demand will catch up and you'll need another phase of development of gas in the ,” Saad Sherida Al-Kaabi, Qatar ’s Energy Minister and President and CEO of Qatar Energy, said at the Qatar Economic Forum in Doha.
We also need to be fair to that population and make sure they have access to reasonably priced power,” Al-Kaabi said. Related Oil Ticks Higher on Inventory Draw LNG will be needed for a very long time, the minister said. “LNG is not going away any anytime soon, as was recently made clear by the G7 as well as by many countries around the world, who have changed their position of moving away from fossil fuels.
LNG Red Sea LNG Shipping Energy Geopolitics
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
F1 ready to consider different engines from 2030 in push for more noiseFormula 1 CEO Stefano Domenicali has revealed that he is open to considering different engine rules from 2030 in a bid to deliver more noise to fans.
Read more »
Complete 'half done' devolution by 2030 to unlock England's economic potential, report urgesThe next government must fully implement devolution before 2030 in order to complete a “job half done” a new report has urged.
Read more »
Council set to miss its 2030 Net Zero target to combat climate changePowys County Council is currently missing its 2030 Net Zero target, a cabinet member has said.
Read more »
Issa brothers complete £3.2 billion refinancing deal to move Asda’s debt pile onto 2030The supermarket giant has refinanced its huge debt pile into next decade.
Read more »
Johann van Graan: Bath head of rugby signs new deal until 2030Bath head of rugby Johann van Graan signs a new long-term deal to stay at the Premiership side until the end of the 2029-30 season.
Read more »
Was Scotland's climate target for 2030 merely virtue signalling?MEMBERS of Global Justice Dundee met with many activists from various community groups last week, to discuss climate change policy and share our…
Read more »