AUD oil above $150bbl >, page-61

Global Gas Outlook 2050, the official said upstream investment requirements in natural gas amounts to $7.5 trillion, an enormous amount of funding especially since the GECF expects nearly 75% of global gas output in 2050 to come from new projects.
According to him, technologies that lead to promising energy carriers such as hydrogen or decarbonise gas such as carbon capture, utilisation and storage (CCUS) need a policy push but also “the transfer of experience and best practices to help the developing world.”
Turning to South East Asia, one of the most populous regions of the world with an increasing appetite for gas over coal, HE Hamel noted that gas demand in the region is expected to more than double to 350 bcm by 2050.

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