Future gas demand is expected to increase in parallel with worldwide industrial development, population, and unforeseen situations such as geopolitical challenges. These trigger the price increase of natural gas around the world, which poses many challenges when meeting demands in a scalable manner.
Dr Sarawut Kaewtathip
Department of Mineral Fuels (DMF)
Ministry of Energy, Thailand
Governments around the world are seeking all opportunities to secure sufficient fuel supplies. The cause of these dynamic changes in the oil and gas industry is not only the price volatility, but also the societal pressure towards energy transition and decarbonisation efforts to achieve net-zero in the near future.
Besides the current energy crunch and global climate ambitions and actions, the disruption from digitalisation, Internet of things IoT (such as reduced-manning and remote operations) cannot be overlooked as the growth of its trend has never ended.
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