The chief executive of TotalEnergies SE said natural gas is vital to ensure energy reliability now and for years to come as the world population swells and economies advance, driving demand that exceeds the realistic potential of renewable fuels in the foreseeable future.

“We need to continue to produce it…Gas is good,” TotalEnergies CEO Patrick Pouyanné said Wednesday at CERAWeek by S&P Global in Houston. “We need reliable power for our customers.”

The French supermajor, with growing natural gas operations in the United States, is investing heavily in renewable sources of energy such as solar and wind but also continues to dedicate capital to oil production and the development of natural gas, he said.

[Want to know how global LNG demand impacts North American...