Thursday 19 May 2011

ExxonMobil predicts huge rise in global gas demand - The National

Natural gas, not renewable energy, will supply the major share of incremental global energy requirements between now and 2030, the world's biggest private-sector petroleum company forecasts.

Rob Gardner, the manager of the economics and energy division of the corporate strategic planning department at ExxonMobil said the US oil and chemicals group had identified gas as a "particular area" for future business development.

"We're making big investments in gas," he said at a briefing in Dubai on the company's latest long-term energy outlook, extending to 2030.

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