Gas needed for decades to come

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. 

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn
    Diversified Energy Company plc

    More articles like this

    Diversified Energy Company plc

    Natural Gas as a reliable energy source

    Natural gas is an essential energy resource that continues to power economies across the globe. Known for its abundance and reliability, it is primarily composed of methane and is extracted from deep beneath the earth’s surface.

    Diversified Energy Company plc

    Diversified Energy Company and the future of fracking in Pennsylvania

    Pennsylvanians involved in the fracking industry remain confident that their sector will persist, regardless of the outcome of the upcoming presidential election. Both major candidates—Republican Donald Trump and Democrat Kamala Harris—are promising support for the hydraulic

    Diversified Energy Company plc

    Natural Gas benefits for businesses

    Natural gas offers numerous advantages for businesses, including reliability, flexibility, and a substantial reduction in carbon emissions compared to other non-renewable energy sources. As a clean-burning option, it helps meet the rising energy demands while simultaneously

    Diversified Energy Company plc

    Driving the future of sustainable energy solutions

    The global energy sector is undergoing a significant transformation, driven by innovation, sustainability initiatives, and the increasing demand for reliable energy sources. As the world looks to transition towards greener solutions, traditional energy companies are evolving

    Diversified Energy Company plc

    Diversified Energy Company completes Crescent Pass acquisition

    Diversified Energy Company PLC (LON/NYSE: DEC) has announced the closing of its acquisition of the of high-working interest, operated natural gas properties and related facilities located within eastern Texas (the “Assets”) from Crescent Pass Energy). Acquisition Highlights