© - Natural Gas/LNG in a Decarbonization Trend

One was cosponsored by the Center on Global Energy Policy at the Columbia University School of International and Public Affairs and the Belfer Center for Science and International Affairs at the Harvard University Kennedy School to discuss the geopolitics of energy transition from the viewpoint of the impact on the natural gas market. [...] The other was sponsored by the Atlantic Council and led by the Energy Futures Initiative to discuss a study on the roles of natural gas in global decarbonization. [...] We should pay attention not only to the substantial natural gas consumption expansion but also to a dramatic increase in international trade of natural gas while in the early days of the world natural gas market had been rather self-sufficient. [...] Participants in the two webinars discussed how global natural gas and LNG consumption would change from the viewpoint of present realities, as well as the backcasting approach based on the goal of net-zero emissions by 2050. [...] A particular view presented in the webinars was that natural gas and LNG demand would continue expanding over a considerably long term in Asian emerging market and developing economies that are expected to become the center of global energy demand growth and see a robust increase in natural gas and LNG demand.