Demand for gas will continue to rise
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World-wide consumption of gas may rise by 15 % by 2030 compared to 2019 levels to reach 4.5 trillion cu. m., Russian Deputy Prime Minister Alexander Novak told a meeting of the Gas Exporting Countries Forum.

About 70 % of this increased demand will come from Asia and North America. And the rise will be linked to a more active shift by consumers from coal to gas for power generation, industry and household consumption and increased use for gas engine fuel.

    By 2050, Novak said, the share of natural gas in the world energy balance could amount to 28 %. And the volume of the LNG market could double or more. The world economy will need 18.19 billion tonnes of oil equivalent of primary energy.

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