European trends in natgas demand to require development of new import routes: Snam
By Trend
European trends in natural gas demand will require development of new import routes, Trend reports citing Italian Snam company.
In the coming years there will be a significant increase in demand in the global gas market, driven by the Americas and by China, where an increase in energy requirements will be accompanied by the growing role of renewable energy, more efficient technology and the gradual transition from other fossil sources to natural gas, according to the company’s report.
Snam believes that gas will continue to play a central role in the process of decarbonisation in Europe as well, in line with the objectives defined (2020 Climate & Energy Package) or in the process of definition at EU level (Clean Energy Package) specifically making an important contribution to the transport and thermoelectric sector, in view of coal gradually being phased out of production and the increase in intermittent renewable sources.
"The use of the latter, which is hardly foreseeable, will require greater support from natural gas, a source which, can be programmed," said the Italian company.