1、ForewordGlobal Gas Report 20242We present this flagship report on the state of the gas markets,which supply more than one-fifth of the worlds energy needs during a time of extreme energy uncertainty.The findings show rising energy demand across all regions,record-breaking coal emissions,and extreme
2、weather conditions,demonstrating an urgent need for more policy clarity around energy supply planning.Strong demand growth for gas underpins its crucial role in reducing global emissions,providing flexibility and resilience,enabling efficient,affordable,sustainable development,and supporting greater
3、 adoption of critical clean energy technologies,including the scaling up of renewables.However,the investment in natural gas and low-CO2 gaseous energy technologies is falling short of demand growth,which must be reversed.The energy transition represents a unique challenge for mankind.A journey that
4、 will not be linear,marked by great aspirations and many hurdles,from geopolitical tensions to technology disruptions and unforeseeable global economy developments.In this continuously evolving transformation,natural gas and related infrastructure represents a critical element of sustainable resilie
5、ncy for the global energy system,while new green and low carbon molecules will play an essential role to achieve a just and technologically neutral transition.Natural gas is priced at 10-50 USD/MWh to end users,significantly below oil products at typically 100 USD/MWh.Natural gas is also cheaper tha
6、n coal in America,and similar or slightly more expensive other places.However,CO2 emissions from gas is only 50%of the coal emissions and 68%of oil emissions per energy unit.The share of gas being accessible for global trade as LNG has grown from 0%in 1965 to 12%today and will be 18%within a decade.