Natural gas’s role as an abundant and versatile fixture in the world’s energy mix has been strengthened by turmoil in energy markets in recent years and global commitments to reduce carbon emissions. Governments and industry players are innovating new ways to capture the value of gas and respond to evolving market needs. These include integrated business models from wellhead to offtake, life-cycle emissions reporting and enhanced management of methane emissions. How will the global gas market continue to evolve? What opportunities are emerging to sustain natural gas’s place in a transforming energy system, and how are they reshaping the competitive landscape?
Among their many roles, natural gas and LNG offer security of supply during times of disruption, an economic resource for emerging economies and a lower-carbon alternative to higher-emitting fuels. The urgency to unlock this value and meet energy demand has created a robust and competitive global market. But projects often run into long lead times due to financing constraints, policy uncertainty, supply chain bottlenecks, labor shortages and other factors. Where are we in the LNG investment cycle? Is industry investing sufficiently in the long-term growth of LNG? What policies are needed to address industry constraints and support long-term supply?
Natural gas is an abundant, versatile and low-emitting fuel advancing industrialization, economic development and environmental sustainability worldwide. With the world again undergoing a profound long-term transition, what will be the future role of natural gas in an evolving energy mix? How will gas producers and suppliers continue to innovate to make gas ever-more affordable, cleaner and flexible compared to newer and competing fuels? What strategies are gas players adopting to diversify their portfolios and broaden their offering of lower-carbon fuels? How are they leveraging their core competencies in gas and LNG to do so?