‘Energy for All’ achievable with natural gas: GECF at COP26

  • Date: 11-Nov-2021
  • Source: Trade Arabia
  • Sector:Oil & Gas
  • Country:Middle East
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‘Energy for All’ achievable with natural gas: GECF at COP26



Gas is the cleanest of all fossil fuels, and its abundance, flexibility, and affordability makes it an ideal fuel of choice, particularly for emerging and developing economies, says the Gas Exporting Countries Forum (GECF). 

 

Latest GECF figures estimate natural gas to become the most used source of energy in the world by 2050, upping its share from 23% today to 27%. 

 

In this context, GECF, the global platform of the leading gas producing nations, has urged the international community gathered in Glasgow, UK, for UNFCCC COP26 to look for energy options that achieve the right balance between the post-Covid-19 economic and social requirements and climate actions, particularly for the most vulnerable regions of the world. 

 

Yury Sentyurin, Secretary General of the GECF who led the Forum’s delegation, said: “Given technology's pivotal role in transforming the energy industry, we recommend that the COP26 negotiations are underpinned by technology transfer to decarbonise the energy sector, including the decarbonisation technologies of the gas industry.”

 

“Ensuring access to competitive and reliable energy sources is of paramount importance for a sustained economic recovery,” noted Sentyurin, whose organisation is an Observer to the United Nations Framework Convention on Climate Change (UNFCCC), the organiser of the Conference of the Parties (COP).