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Natural Gas to Become World’s Primary Fossil Fuel by 2050, Says Gas Exporting Countries Forum

Natural Gas to Become World’s Primary Fossil Fuel by 2050, Says Gas Exporting Countries Forum

Amid the ongoing energy transition, natural gas and renewables are seen accounting for more than 90% of incremental energy demand globally through 2050, according to a new report from the Gas Exporting Countries Forum (GECF) The GECF on Wednesday released the latest edition of its Global Gas Outlook 2050 report, which outlined a future in…

February 24, 2021

U.S. LNG Pushes Global Export Growth Higher — The Offtake

A roundup of news and commentary from NGI’s LNG Insight Global LNG exports hit their highest level in six months through October, largely from a boost in cargoes from the United States, Kpler said. Exports were 307 million tons (Mt) year to date through October, up 5 Mt from the year-ago period.  “The United States…

November 11, 2020
LNG Q&A: GECF Secretary Says World’s Leading Natural Gas Exporters Weathering Covid-19 ‘Storm’

LNG Q&A: GECF Secretary Says World’s Leading Natural Gas Exporters Weathering Covid-19 ‘Storm’

Editor’s Note: The following segment is one in a series by NGI’s LNG Insight focused on exploring how the global liquefied natural gas (LNG) market works. The conversations in this series will also analyze news and the issues that matter most to the industry in North America and beyond. Yury Sentyurin is the secretary general…

September 17, 2020

International Gas Cartel Seeks to Boost Prices

The Gas Exporting Countries Forum (GECF), including representatives of most of the world’s largest natural gas-exporting countries, agreed last Monday to work to shore up natural gas spot prices by indexing them to oil, attempting to return them to the historical oil-gas ratio of 8-10 to one from the current 20-1.

April 26, 2010

International Gas Cartel Seeks to Boost Prices

The Gas Exporting Countries Forum (GECF), including representatives of most of the world’s largest natural gas-exporting countries, agreed Monday to work to shore up natural gas spot prices by indexing them to oil, attempting to return them to the historical oil-gas ratio of 8-10 to one from the current 20-1.

April 20, 2010

International Gas Cartel Seeks to Boost Prices

The Gas Exporting Countries Forum (GECF), including representatives of most of the world’s largest natural gas-exporting countries, agreed Monday to work to shore up natural gas spot prices by indexing them to oil, attempting to return them to the historical oil-gas ratio of 8-10 to one from the current 20-1.

April 20, 2010