Shell anticipates a dash for gas in the Middle East to cope with increasing energy demand and expectations that some 60 million people are due to enter its jobs market over the next ten years.
The forecast came from Mark Carne, Shell's Executive Vice President for the Middle East and North Africa, addressing the Gas Arabia conference in Muscat Monday.
He was backed in this view by BP's Chief Economist Christof Ruehl, who said that on a global basis, other fuels will continue to grow over the next 20 years, but gas will grow much faster than any other. He noted that BP's current Energy Outlook to 2030 anticipates an average annual growth for natural gas consumption of 2.1%.
No comments:
Post a Comment