LNG Needed For Decades to Ensure Energy Security, Importers Say
- The group says regular investments required to meet demand
- Long-term role of gas in the energy transition is under debate
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Liquefied natural gas will be needed for decades to ensure adequate energy supply, even as the world shifts to cleaner sources, an industry group of importers emphasized on Monday.
Regular investments will be required to meet rising demand in places like Southeast Asia, especially as Europe weans itself off Russian pipeline gas, the International Group of Liquefied Natural Gas Importers said in a statement at its annual general assembly held in Hiroshima on Monday.