Everyone has to understand that renewables can only replace a fraction of Electricity generation and can't replace the natural gas requirement. Natural gas is required for several industrial processes, furnaces burners etc. with increasing prices of electricity, heating of industrial complexes and warehouses can only be possible with gas heating and it can't be replaced with renewable resources. Major part of the household residents use natural gas for cooking and heating purposes and with the increase in population and new housing projects more and more natural gas requirement is generating. Natural gas plays an important role in country's growth . Qatar's has become the one of the richest country because of this gas reserves so nobody can deny the fact of importance of natural gas. Liquid natural gas LNG can be exported to any country with exceptional profits and this is what Qatar is doing. I think everybody knows about the importance of Natural gas in Government sector as well but it just a matter of time that it will be approved for the prosperity.
BPH Price at posting:
7.1¢ Sentiment: Hold Disclosure: Held
