Natural gas producers have a pivotal role to play in the energy transition despite concerns around its impact on the environment, the Al-Attiyah Foundation reports in its latest Sustainability Research Paper ‘The Role of Natural Gas – Transition Fuel or Part of the Long-Term Global Energy Mix?’
As the world continues to grapple with the urgent need to address climate change and to transition to sustainable energy systems, the role of natural gas in the global energy mix has become subject of intense debate.
The use of natural gas in the past decades has provided numerous benefits, such as relatively lower greenhouse gas emissions, enhanced energy market stability, and economic returns. Its abundance, affordability, low level of local air pollutants linked to its use and widespread infrastructure has made it an attractive option for power generation, industrial processes, and heating.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.