Global body sees rise in natural gas use by 2035

June 7th, 2011 - 8:58 am ICT by IANS  

Paris, June 7 (IANS) Consumption of natural gas across the globe will rise by more than 50 percent from the 2010 levels by the year 2035, the International Energy Agency (IEA) has said.

“Surely that would qualify as a golden age,” IEA executive director Nobuo Tanaka was quoted as saying in a statement by Xinhua.

“There is a strong potential for gas to take on a larger role, but also for the global gas market to become more diversified and therefore improve energy security,” he said.

“All major geographical regions have recoverable natural gas resources equal to at least 75 years of current consumption,” IEA said in the statement.

Praising natural gas as the “cleanest fossil fuel”, the agency said it can be a considerable contributor to lower emissions of greenhouse gases as well as local pollutants if it replaces other fossil fuels.

Related Stories

Tags: , , , , , , , , , , , , , , , , , ,

Posted in Business |

Subscribe