IGU Magazine October 2016

Page 58

Natural gas as the fuel of the future: how will technology influence this transition? By Cynthia Silveira

What is the impact of the current structural

where prices have decreased and the consumer

and Jorge Delmonte

changes in the oil and gas industry on gas

market sees ever-increasing demand. Inter­

operations? How can technology contribute to

national Energy Agency (IEA) statistics showed

reducing costs and bring competitiveness to

a 5.8% increase in gross consumption of nat­

companies in a low oil price scenario? In what

ural gas by OECD countries in 2016 compared

way can initiatives in research, development

to 2015.

and innovation contribute to the industry’s

In Brazil, the discussion is crossing lines,

sustainability in a renewed market context?

integrating several topics across production,

Moreover, and most importantly, how can

exploration and transportation, among other

natural gas make this transition for the use

relevant matters in the gas sector. Profound

of renewable energies, becoming the energy

changes are ongoing in the Brazilian market,

source that will be the fuel of the future for

as the country’s main oil and gas producing

all societies?

company, Petrobras, is divesting its assets in

The 2017 edition of the International Gas

gas pipeline infrastructure, distribution, gas

Research Conference (IGRC) will shed light on

power generation and regas facilities. This

this important discussion, under its main theme

situation will impose changes in the gas

‘Natural Gas: Catalysing the Future’. The motto

regulatory framework in several areas of

was chosen to reinforce the questions raised and will provide a deep reflection about the future of the natural gas industry, one in which gas companies will need to redefine their models, methods, products and most signifi­ cantly to become even more competitive through cost reductions and with the help of technology. As a result of the COP 21 climate conference held in Paris last year, an impressive number of countries committed to reduce their green­ house gas emissions, and natural gas is a fuel well adapted to help them meet their targets. Natural gas infrastructure requires massive investments while consumers are increasingly looking for flexibility and the option to choose their own supplier. Technology is the key to finding solutions to overcome the challenges in a new environment,

56  N a t u r a l g a s a s t h e f u e l o f t h e f u t u r e : h o w w i l l t e c h n o l o g y i n f l u e n c e t h i s t r a n s i t i o n ?


Turn static files into dynamic content formats.

Create a flipbook

Articles inside

Events and Acknowledgements

2min
pages 162-164

Presenting IGU’s new Members

13min
pages 154-160

Publications available from IGU

1min
page 161

Message from the incoming Secretary General

2min
page 153

Highlights from the Norwegian Secretariat

18min
pages 138-149

Q&A with Pål Rasmussen and Luis Bertrán Rafecas

8min
pages 150-152

Greetings from Eldar Sætre, President and CEO of Statoil ASA

2min
page 136

A brief history of the IGU

25min
pages 126-135

Greetings from Pål Rasmussen, Secretary General of IGU

2min
page 137

LNG approaching critical mass as a globalising force for natural gas

26min
pages 112-125

Harnessing customer feedback for outstanding customer experience

10min
pages 106-111

Repair of deep water pipelines by new remote welding technology

9min
pages 98-105

Power generation in GPRS of compressor stations

14min
pages 80-91

Surprise: Global gas price convergence has been happening since 2005

8min
pages 92-97

The IGU webcast series, expanding global gas advocacy

4min
pages 78-79

Committees and Task Forces: Progress

3min
pages 76-77

News from organisations affiliated to IGU

25min
pages 60-75

Natural gas as the fuel of the future: how will technology influence this transition?

3min
pages 58-59

Update on the 27th World Gas Conference

4min
pages 56-57

Reports from the Regional Coordinators

11min
pages 50-55

IGU Members and Organisation

10min
pages 16-25

News from the Presidency and Secretariat

20min
pages 26-39

The IGU Council Meeting, Durban

4min
pages 42-45

Building for the Future

2min
pages 40-41

G20 Natural Gas Day successfully held in Beijing

5min
pages 46-49

Message from the President and the Secretary General

4min
pages 12-15
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.