Wood Mackenzie Expects Gas Demand in Transport Sector to Quadruple

Wood Mackenzie expects that gas demand in the transport sector will grow from nearly 40 bcm in 2012 to over 160 bcm in 2030, the global energy research company said in a report.

https://www.youtube.com/watch?v=Po_TrIOsAGE

Until now, natural gas played only a niche role in global transport. However that looks set to change, thanks to growing oil and gas price differentials and environmental restrictions on emissions. This has implications for both gas demand and oil demand, according to Wood Mackenzie.

In the video above, Noel Tomnay, Wood Mackenzie’s principal analyst for global gas and LNG, outlines the company’s view that gas is an increasingly compelling proposition in the global transport sector.

LNG World News Staff, January 30, 2014; Image: Wood Mackenzie

 

Share this article

Follow LNG World News

One thought on “Wood Mackenzie Expects Gas Demand in Transport Sector to Quadruple”

Comments are closed.

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >