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According to a report in Houston on June 27, nearly two-thirds (64%) of oil and gas industry leaders expect to increase or maintain spending on natural gas projects this year as the industry prepares to replace oil as the world's main energy source
in the mid-30s.
A survey conducted by DNV GL Group, a new body formed by the merger of DNV and Lloyd's Register (GL), shows that confidence in natural gas is growing
.
Of the 813 industry veterans surveyed, an overwhelming majority (86%) believe natural gas – the least carbon-intensive fossil fuel – will play an increasingly important role in the global energy mix over the next decade, up from 77%
last year.
Natural gas will become the largest single source of energy
.
According to DNV GL's 2017 Energy Transition Outlook report, global demand for natural gas will peak
by the mid-30s.
Liva, CEO of DNV GL Group Oil & Gas, said: "Society's shift to a low-carbon energy mix is already a reality, and oil and gas will continue to be a key component
.
Our research confirms that the gas industry is already taking proactive steps to ensure that our projected natural gas plays an important role
in meeting future low-carbon energy demand.
”
According to a report in Houston on June 27, nearly two-thirds (64%) of oil and gas industry leaders expect to increase or maintain spending on natural gas projects this year as the industry prepares to replace oil as the world's main energy source
in the mid-30s.
A survey conducted by DNV GL Group, a new body formed by the merger of DNV and Lloyd's Register (GL), shows that confidence in natural gas is growing
.
Of the 813 industry veterans surveyed, an overwhelming majority (86%) believe natural gas – the least carbon-intensive fossil fuel – will play an increasingly important role in the global energy mix over the next decade, up from 77%
last year.
Natural gas will become the largest single source of energy
.
According to DNV GL's 2017 Energy Transition Outlook report, global demand for natural gas will peak
by the mid-30s.
Liva, CEO of DNV GL Group Oil & Gas, said: "Society's shift to a low-carbon energy mix is already a reality, and oil and gas will continue to be a key component
.
Our research confirms that the gas industry is already taking proactive steps to ensure that our projected natural gas plays an important role
in meeting future low-carbon energy demand.
”
