In their 2018 Global Gas Report, the International Gas Union (IGU) highlights that one consistent theme around the world is the growth of natural gas. It sets out three ‘levers’ that it considers will be critical in meeting the expectations of an increasing global demand over the coming decades:
• Cost Competitiveness. Improving the relative cost of gas to other energy sources through a combination of LNG cost efficiencies, pricing environmental externalities, and promotion of local gas production in markets around the world.
• Security of Supply. Enabling gas supply security through the development of enhanced networks and infrastructure, more flexible commercial models, and new modular access-enabling technologies (e.g. FSRUs – floating storage regasification units).
• Sustainability. Promoting the environmental sustainability of gas as an instrument to reduce urban air pollution, by developing low carbon technologies for gas, integrating renewable gas sources into existing infrastructure, and limiting methane emissions.
You can find the full IGU report, here.