According to the Energy Information Administration, between now and 2030 global energy consumption is due to increase by 44% with oil and gas, along with coal, continuing to meet the largest part of that demand. And as demand for energy grows rapidly worldwide, natural gas, which is one of the cleanest burning fossil fuels, should play a critical role in supplying this demand. Most significantly, the International Energy Agency predicts demand for natural gas will grow by more than 67% by 2030.
Chevron Corp is pushing to become one of the world's largest producers of liquefied natural gas (LNG). With three (3) LNG projects based in Australia and over $96 billion-net partnerships already invested, CVX is a leading natural gas supplier and liquefied natural gas operator in the Asia-Pacific region. Projects in the region are destined to supply some of the hungriest natural gas consuming continents on the globe, since Australia is just a stone's throw away from the demands of Japan and the rest of Asia.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.