China news website says world is on the cusp of historic natural gas bull market: https://asiamarkets.com/global-power-shortages-a-primer-to-historic-natural-gas-bull-market/
In the near-term, should the upcoming European and Chinese winter sessions pack an above-average chill, gas prices could move even higher.
However, the longer-term demand case is compelling. As global energy systems continue to transition to renewables, arguably the only option to ensure it’s done in an orderly manner, is using natural gas as a grid stabiliser.
According to McKinsey we could be seeing just the beginnings of a once-in-a-generation natural gas bull market.The consultancy firm believes there could be another 15 years of growth ahead before peak demand is reached.
Things look to be lining up nicely for STO.
Historic gas bull market?
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