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WGC09: IGU issues gas industry study to 2030

10/12/2009
By Warren R. True
Results of a major study by the International Gas Union of natural gas demand out to 2030 formed the basis for an extended panel on the first day of the 24th World Gas Conference in Buenos Aires.The study's main conclusion was that economic and environmental factors should push global gas demand to more than 4 trillion cu m/year (about 141.2 tcf) by 2030, from about 3 trillion cu m currently.The study also concluded that a global political agreement to put a high cost on carbon dioxide emissions and to encourage renewable energy "would only be economically successful" in combination with an increased share of natural gas. "The right policies" would boost gas to 28% of ...
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