BAKU, Azerbaijan, Oct.1
By Leman Zeynalova – Trend:
Among all the hydrocarbon resources in the world, only natural gas is expected to increase its share in the global energy mix from 23 percent currently to 28 percent in 2050 due to its clean attributes, which are fundamental to achieving the UN Sustainable Development Goals as well as the Paris Agreement, Trend reports with reference to the statement of the Gas Exporting Countries Forum (GECF).
Natural gas also boasts the potential to expand its access significantly over the coming decades due to its abundance and flexibility, and is widely seen as the fuel to steward the transition to lower-emission energy systems, said GECF.
“In challenging times, the GECF is determined to strengthen cooperation with G20 and underpin global energy security as reliable supplier of natural gas to meet the growing energy demand globally.
The GECF supported the policy developments being undertaken by Energy Sustainability Working Group Meeting (ESWG) in 2020 under Saudi Arabia Presidency, on the circular carbon economy, which is a closed-loop system geared at establishing a balance of the carbon cycle.
We see this framework as a primary initiative on reducing, reusing and removing greenhouse gases. This initiative is an excellent example of technology exchange and international cooperation, for the benefit of energy security and access for the whole global economy.
The GECF also believes that natural gas will continue to contribute to G20’s clean cooking program.”
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