World Energy Demand to Rise 40% by 2030, Chevron’s Kirkland Says
From 2010 to 2030, Chevron sees worldwide gas consumption rising by 60 trillion cubic feet a year, said Kirkland. There are now 29 regasification projects for liquefied natural gas under construction globally, he said at the World Gas Conference in the Malaysian capital.
Chevron will shift its production portfolio to 40 percent gas by 2017 from 30 percent now, said Kirkland.
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