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GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

average economic growth rate between 2000 and 2019, continuously expanding domestic gas production, attracting investors, and enhancing knowledge and technologies exchange. As a holder of the fourth-largest volume of gas reserves worldwide, Turkmenistan has been unlocking the potential of natural gas, leading to an 11.5%

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Opinion: Why oil prices must go up

Green Car Congress

While analyzing the short-term trajectory of oil prices is certainly important, it obscures the fact that over the long-term, oil exploration companies may struggle to bring new sources of supply online. Capital expenditures increased by almost threefold to $700 billion between 2000 and 2013, while output only increased 17% ( see IEA chart ).