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IEA provides a golden era of natural gas

08-12-2011  News

- Indicators of supply and demand are most likely in the coming years, the golden era of natural gas. A blue fuel and renewable energy sources by 2035 could satisfy two thirds of global growth in energy demand - said Dr. Fatih Birol, chief economist at the International Energy Agency. December 8, 2011, the Ministry of Economy, presented the report World Energy Outlook 2011 . The meeting was attended by Deputy Prime Minister Waldemar Pawlak.
 
Natural gas consumption worldwide increases in each of the three scenarios developed by the IEA energy market development. In the New Policies Scenario, demand for gas in 2035, almost equal to the demand for coal.
 
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According to the data of the Agency, now half of the estimated natural gas resource base falls on non-conventional sources. In 2035, unconventional gas will account for one fifth of the total production of this commodity. - Golden era, however, the gas will require the adoption of gold standards in its production - said Dr Birol. In his opinion, a big responsibility in this matter rests with national regulators, who should persuade mining companies to adhere to high environmental standards.
 
He informed Deputy Prime Minister Pawlak, Poland is interested in cooperation with the Agency in the field of exploitation of unconventional gas. - This is a very good prospect for energy, not only Polish, but for the whole world - he stressed. According to some estimates, Poland may have up to 5 trillion cubic meters of shale gas. According to Dr Birol, the development of the gas from unconventional deposits in Poland can completely change the image of the energy market in Europe.
 
In the opinion of Deputy Prime Minister Pawlak, IEA expertise is particularly valuable include due to high energy prices on world markets. - $ 100. per barrel of oil is a condition to which we have to get used to in the near future - he said. - The most valuable are the indications of the Agency for increasing energy efficiency and implementation of modern, efficient energy technologies - Deputy Prime Minister added.
 
Dr. Birol pointed out that in the face of recession in many countries, issues related to climate protection priority lost. - Many countries have also verified their investment plans in the energy sector, such as moving funds to subsidize jobs - said
 
Deputy Prime Minister announced that in February 2012, the MG and MAE jointly organize a workshop on energy market development scenarios in the world. - We will discuss such Scenario shaped Sustainable Energy Security, which will be presented in the next World Energy Outlook - announced.
 
 
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In the panel discussion "The Golden era of natural gas: challenges and benefits" was attended by Dr. Fatih Birol - IEA chief economist, Paul Wojciechowski - Ambassador, Permanent Representative of Poland to the OECD, Wieslaw Prugar - Chairman of the Board of the Polish Industry Search and Mining, Maciej Kaliski - Deputy Minister of Economy, Agnieszka Łakoma - journalist of the Republic.
 
 
 
Source: www.mg.gov.pl
 

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