Statoil: Natural Gas To Be Fuel Of The Future

From Rigzone

Natural gas will be a “fuel of the future”, according to the latest edition of Statoil’s Energy Perspectives report – the firm”s annual outlook for global economic and energy markets.

Energy Perspectives 2012, released Thursday, estimates that global energy demand is set to increase by more than 40 percent between now and 2040. And it suggests that energy demand for fossil fuels will account for the majority of the increase, although nuclear and renewable energy is expected to grow at a faster rate.

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© 2013 Energy Tribune

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