Natural gas could help drive a clean energy environment in an energy sector that expects substantial increases in demand, a Shell executive said in Singapore. Malcolm Brinded, executive director of the upstream sector at Royal Dutch Shell, told the audience at an energy summit in Singapore that his company expected energy demand to double by 2030, with Asian consumers accounting for about half of that growth.
He said this prediction was based on a booming Asian economy where growth in gross domestic product was estimated at 7 percent per year on average for the region. Failing to keep pace with the economy, he said, would leave gaps in the energy sector. Meanwhile, increases in energy demand meant further pressure on an already fragile environment, he added.
Natural gas could be the answer to both challenges, he said, because it's abundant, efficient to exploit and cleaner than conventional energy resources. "This is great for the world, because natural gas is by far the quickest and cheapest way to cut global CO2 emissions from the power sector," he said.
He said this prediction was based on a booming Asian economy where growth in gross domestic product was estimated at 7 percent per year on average for the region. Failing to keep pace with the economy, he said, would leave gaps in the energy sector. Meanwhile, increases in energy demand meant further pressure on an already fragile environment, he added.
Natural gas could be the answer to both challenges, he said, because it's abundant, efficient to exploit and cleaner than conventional energy resources. "This is great for the world, because natural gas is by far the quickest and cheapest way to cut global CO2 emissions from the power sector," he said.
