LNG likely to play ‘transition fuel’ role to 2040s at least

Issue 502 - 17 Mar 2024 - By Marc Howard | 1 minute read

First exported in 1964 from a then Royal Dutch/Shell project in Algerian hub Arzew, liquefied natural gas (LNG) was sometimes thought a marginal product during oil’s heyday. But over the past two decades it has come to be seen as an increasingly important energy transition fuel; its consumption produces around half the CO2 emissions of coal.

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