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

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference.

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HIF Global partners with Topsoe for eFuels facility in Texas; carbon-neutral gasoline

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The gasoline synthesis from methanol has been commercially proven in a 15000-bpd plant in Turkmenistan since 2019. It will produce 200 million gallons per year of a carbon-neutral gasoline that can be used in today’s cars and gas stations with no modifications required. The HIF eFuels plant will be built in Matagorda County in Texas.

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NASA’s New Earth Space Mission maps methane ‘super-emitters’

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But EMIT has demonstrated another capability: detecting the presence of methane, a potent greenhouse gas. Methane is a potent greenhouse gas that is much more effective at trapping heat in the atmosphere than carbon dioxide. The cube (left) shows methane plumes (purple, orange, yellow) over Turkmenistan.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Coal’s market share of 30.3% Global energy consumption grew by 2.5% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% globally, and 8.4% in 2011, close to the historical average.

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ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

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Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The Asian Development Bank (ADB) has approved a $240.3-million million loan to help Kazakhstan modernize its transport system.