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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. —Secretary General Sentyurin.

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Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

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million unit global NGV market which we forecast will expand at a compound annual growth rate (CAGR) of 7.9% The growth in vehicles will lead to growth in usage of natural gas for transportation fuel, which Pike expects to reach 19,123 million cubic meters of gas globally (6.7% million vehicles per year in 2010 to more than 3.2

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International study identifies 14 key measures to reduce methane and black carbon emissions; reduction in projected global mean warming of ~0.5 °C by 2050

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A study by an international team of researchers, led by Drew Shindell of NASA’s Goddard Institute for Space Studies (GISS) in New York City, has identified 14 measures targeting methane and black carbon (BC) emissions that could reduce projected global mean warming ~0.5°C °F) by 2050, as well as improving human health and agriculture.

Carbon 257
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IEA working paper highlights potential role of natural gas in reducing global road transport CO2

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The global natural gas vehicle fleet has grown rapidly in the last 10 years, but still represents less than 1% of global transport fuel consumption. The global fleet of NGVs consists largely of passenger cars/LDVs, although there are some regional differences. Click to enlarge. gas sources, such as biogas or bio-synthetic gas.

Gas 207
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MIT and IEA reports take different views of the future of natural gas in transportation

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MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. Globally, natural gas vehicles are a small fraction, on the order of 1%, of the close to 900 million vehicles in the vehicle parc.

MIT 299
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Report Finds Water Stress Rapidly Becoming Key Strategic Risk to Commerce; Impending Water/Energy Collision

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Among the increasing challenges is that while the sourcing, processing, and delivery of clean water is becoming more energy-intensive, the extraction and refining of fossil fuels and their substitutes is trending towards increasing water requirements per unit of fuel produced as energy companies work with progressively lower grade resources.

Water 150