Speakers at a plenary session of the OGT2023 conference in Turkmenistan last week stressed that natural gas would be needed for decades for come, while stressing that the Central Asian country, with its abundant reserves of the fuel, had the potential to play a major role in the energy transition.
It is clear that oil and gas will be needed in significant quantities in the years up to 2050, said John Macgregor, Canadian diplomat and head of the OSCE Centre in Ashgabat, summarising the sentiments of the speakers at the session, which he was moderating.
He also stressed the importance of collaboration in the energy industry to achieve the goal of net zero – the sharing of knowledge and experience while developing new technologies and ensuring best practices.
Diversified Energy Company plc (LON:DEC), formerly Diversified Gas & Oil plc, is a gas and oil production company operating in the Appalachian Basin in the United States.
