The Increasing Importance of Natural Gas as a Major Part of the Climate Solution


Dmitry Sokolov Head of EEFDHussein Moghaddam Senior Energy Forecast Analyst of EEFDThe 25th Flame Conference – Europe’s largest gas and LNG conference – was held on 13-15 May 2019 in Amsterdam. A large number of senior decision-makers from more than 45 countries attended. A variety of topics was covered during the conference’s keynote presentations, global LNG and gas pricing summits, and boardroom working groups. Attendees examined the latest development of energy and gas markets over the short-, medium- and long-term, discussed the future of gas, primarily focused on Europe, and addressed the most prominent developments in the oil and gas sectors, gas technologies, recent LNG projects, the impacts of climate change and the need to transition to a decarbonised energy system.Following the Long Term Strategy of the Forum to support the GECF Member Countries in assessing and forecasting natural gas market developments, with the objective to become a reference in natural gas outlooks and keep Member Countries informed and prepared to address challenges and benefit from opportunities that may arise in the future, a high-profile delegation from the GECF had the privilege of taking part in Flame 2019.His Excellency Secretary General Dr. Yury Sentyurin participated in a debate entitled The evolution of gas: an integrated approach for an integrated European market. Dr. Sentyurin shared the GECF’s views on the prospects for the European gas market, the role that GECF Member Countries play in the security of supply, and the potential of hydrogen energy in the future energy mix, based on projections from the GECF Global Gas Outlook.Decarbonising the EU’s energy system by 2050 was a primary focus during the conference. The EU’s 2050 energy strategy sees natural gas playing a significant role during the energy transition to 2030 or 2035,…

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