IGU Report: Lack of Gas Investment Jeopardizes World Energy Supply

The International Gas Union (IGU), Snam, and Rystad Energy partnered (as they have in the past) to produce and release the Global Gas Report 2024 (full copy below). The authors are sounding the alarm. According to the study, should gas demand continue to grow as it has in the last four years without additional production development, a 22% global natural gas supply shortfall is expected by 2030. If demand continues to strengthen, the shortfall will be even more pronounced. There is, say the authors, an urgent need to scale up investments. NOW.

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