GECF Discusses Gas Innovations for Sustainable Future
Muscat, Sultanate of Oman
Gas Exporting Countries Forum participated in the International Gas Union Research Conference 2020 (IGRC2020), held under the motto "Gas Innovations for a Sustainable Future".
The 16th edition of the triennial Conference was held in one of the GECF Observer Members – the Sultanate of Oman for the first time in the Middle East. The picturesque capital of the country witnessed the event co-organized by the International Gas Union (IGU) and Omani Ministry of Oil and Gas, in collaboration with Oman LNG, which marks 20 years of its operations since 2000.
The three-day Conference in 2020 was focused on research, development and innovation aspects of the ever-growing gas and energy industry. The insights by HE Dr. Mohamed Al Rumhi, Minister of Oil and Gas of Oman, Prof. Joe M. Kang, President of IGU, Mr. Luis Bertran, IGU Secretary General and other senior-level executives and technical gas experts aimed at featuring disruptive and frontrunning technologies within this ever-evolving sector.
GECF Secretary General Dr. Yury Sentyurin participated in the IGRC2020 Plenary Session titled “Solutions for the Future. Energy for Future”, presenting the essence of the Forum’s activities and advocating vital importance of natural gas in ensuring global energy security and more sustainable and resilient energy systems.
Addressing the gathering, GECF speaker specifically highlighted, that as an entity authorized by the Member Countries to provide insights into gas markets and a trustworthy platform for promotion of dialogue on gas industry key aspects, the Forum is developing its flagship Global Gas Outlook, utilizing the most advanced forecasting tool – Global Gas Model with elements of artificial intelligence and digital technologies.
In his brief, Secretary General underscored, that the forecasting period of the recently launched 4th Outlook edition was extended till 2050. The number of countries under forecast has increased from 113 to 134 with over 60 regional aggregates. Moreover, the publication provides full energy balances covering 33 sectors and 35 fuels, annually from 1990 to 2050.
As per the highly granular estimates by the GECF, fossil fuels will continue to dominate the global energy mix. At the same time natural gas will be the only form of hydrocarbons to increase its share during the next 30 years. Today, the share of natural gas in the global energy mix stands at about 22%. By 2050, this is expected to rise to 27%.
To this end Dr. Sentyurin stressed, that at the most recent 5th GECF Gas Summit in Equatorial Guinea, the GECF community leaders unanimously acknowledged the essential role of natural gas in the attainment of UN Sustainable Development Goals, in particular SDG #7, as an environmentally friendly, affordable, reliable, accessible and flexible natural resource for ensuring economic development and social progress.
Elaborating more substantially on disruptive technologies, Secretary General envisaged exciting future for hydrogen, biomethane and biogas in the capacity of the most advanced technologies based sources of energy, that can improve substantially the mitigation potential of energy systems.
The discussion of the topics raised continued at HE Secretary General’s working meetings with HE Dr. Mohamed Al Rumhi, Minister of Oil and Gas of Oman, Prof. Joe M. Kang, President of IGU, Mr. Luis Bertran, IGU Secretary General and other dignitaries on the sidelines of the Conference.