Tripped LY's EIA report:
commentary:Extract:
Natural Gas
- Compared with 2022, global demand for natural gas increases between 2% and 10% by 2030 and between 11% and 57% by 2050 across cases. Global demand for natural gas increases most in the High Economic Growth case.
- China accounts for the most growth in natural gas consumption by volume in the Asia-Pacific region, as natural gas consumption increases in all of China’s economic sectors through 2050.
- In most IEO2023 cases, Western Europe and Asia continue to import natural gas through 2050, while the Middle East and North America continue to produce and export more natural gas.
How should we interpret these expectations & the longer term potential of a number of our yet to get on the MAP holders of tenements that we expect to be future GAS producers!?
How will the balance between economics (building Govt. $ reserves), Environmental challengers, employment & the slower than anticipated renewables delivery appears to be?
Appears the EIA expects BIG THINGS for the GAS sector over the next 25 plus years!
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