Quote:
Originally Posted by Leondros
Developing Asia is expected to more than offset EU weening itself off LNG. I think your time horizon is quite narrow sighted. LNG will be alive in kicking well into the 2050's. A lot of modelling is under weighing the impact of a developing Africa as well. Many of the best energy analysts are discounting the IEA projections these days including Goldman Sachs and JP Morgan.
|
I guess it depends on if you believe the current climate concerns accelerate the transition or not. BP's own analysis doesn't see NG growth unless we continue business as usual
