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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. Ample natural gas resources exist to support demand growth, but greater gas infrastructure development is needed to support growth in the medium term.

Gas 243
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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So far, the policy focus has been on empowering the early winners of an unfolding renewable-energy race. Nigeria or Algeria cannot do the same for their oil industry. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.

Carbon 207
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Europe moves forward on the Energy Union; transport key element

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94% percent of transport relies on oil products, of which 90% is imported. Further, the Commission will work with Member States to develop access to alternative suppliers, including from the Southern Gas Corridor route, the Mediterranean and Algeria, in order to decrease existing dependencies on individual suppliers.