In the face of global gas shortages, leading figures in the international energy sector praised the virtues of liquefied natural gas (LNG) during the energy transition, labelling it a ‘key partner’ to renewables.
The 10th edition of the LNG Producer-Consumer Conference saw a gathering of governmental and industrial energy leaders in Doha, Qatar discuss the future for collaboration between LNG producers and consumers including conversations centred around reducing cost and optimising operations.
An advantage of LNG is seen as its ability to provide energy during periods of market volatility, described by Yury Sentyurin, Secretary General, Gas Exporting Countries Forum (GECF), as ‘cementing its own place’ during the recent pandemic-led market shocks.
“As a result, the delivered volume of LNG in 2020 rose despite all the shipping restrictions, which again indicates the reliability of natural gas during harsh conditions,” he added.
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