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The role of gas in the energy transition will change

Monday, December 19, 2022


Extensive gas use is incompatible with net-zero ambitions. Coal-to-gas switching reduces greenhouse gas (GHG) emissions, but is feasible only when gas is readily available and affordable.


  • Gas exploration and new field development will increase as producers seek to profit from regional gas shortages.
  • Asian buyers will continue to underpin new LNG investment with long-term contracts.
  • Gas will play a reduced role in the European energy transition, necessitating accelerated renewables deployment.

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