IEF: Natural gas to play a pivotal role as a transition solution

In an exclusive studio interview at Gastech 2024 in Houston, Chiranjib Sengupta spoke to Joe McMonigle, Secretary General of the International Energy Forum (IEF), to discuss the critical role of natural gas and LNG as low carbon energy sources for the transition. Highlighting the importance of clean utilisation of gas to compliment renewable energy, the Secretary General explained why technologies such as carbon capture and storage (CCS) are vital to the sector’s future success not just as a bridge to the transition, but as a transition solution in itself. He underscored the urgent need to focus on the upstream investment and avert potential high prices and volatility as a result of underinvestment in the sector. Joe also touched on the significance of Gastech as a global platform to record the progress in policies, technologies and innovation across the industry.