Natural gas
The abundance and versatility of natural gas make it a valuable energy source to meet a variety of needs while also helping the world shift to less carbon-intensive sources of energy.
A valuable energy source to meet a variety of needs
Natural gas plays a vital role in satisfying the energy needs of consumers worldwide while helping to mitigate the risks of climate change. It’s a versatile, cleaner-burning fuel that can help power modern life with fewer emissions when compared to coal.
Why is natural gas such a great option?
- Choosing natural gas-fired electricity generation to replace older, inefficient coal plants can reduce greenhouse gas emissions by up to 60%, while producing fewer air pollutants.
- Natural gas resources are geographically and geologically diverse and abundant.
- Natural gas is versatile for everything from power to transportation to home use.
- Natural gas is a reliable source for the required backup power generation when the wind isn’t blowing enough to turn wind turbines and the sun isn’t shining to fuel solar panels
We’re committed to helping meet the demand for affordable energy through natural gas, while advancing climate solutions. We’re a major natural gas producer, with activities spanning the United States, Papua New Guinea, Mozambique and Qatar.
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advancing climate solutions
Methane: The other greenhouse gas
Methane is a simple molecule. With just one carbon and four hydrogen atoms, it’s the principal component in natural gas.
Methane has the high energy density needed to make natural gas a reliable and flexible energy source that’s already helping to meaningfully reduce carbon emissions around the world and will continue to be critical in achieving a lower-emission future.
Our Global Outlook forecasts natural gas to make up more than 25% of the global energy mix in 2050.
Energy supply
- The world’s demand for oil and natural gas remains strong.
- Oil and natural gas supply from existing wells naturally declines over time, making sustained investments more important than ever.
- Growing demand for LNG, driven by the Asia Pacific region, is underpinned by growing North America and Middle East supply.
Our Global Outlook is our latest view of energy demand and supply dynamics through 2050, underpinned by a deep understanding of long-term fundamentals.
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