{"id":10192,"date":"2024-03-23T08:40:55","date_gmt":"2024-03-23T08:40:55","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=10192"},"modified":"2024-03-23T08:40:55","modified_gmt":"2024-03-23T08:40:55","slug":"global-natural-gas-investments-to-reach-almost-9-trillion-by-2050","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/10192\/","title":{"rendered":"Global natural gas investments to reach almost $9 trillion by 2050"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0The Gas Exporting Countries Forum’s (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the midstream sector.<\/p>\n

Global natural gas production is expected to reach 5.3 trillion cubic meters by 2050, up from the current 4 trillion cubic meters, the report shows.<\/p>\n

The realization of this target requires global natural gas investments in the upstream and midstream sectors up to 2050. The Asia-Pacific region and North America will lead these gas investments, followed by Eurasia, Africa, the Middle East, Latin America and Europe.<\/p>\n

– Asia Pacific to receive largest share of investments<\/p>\n

According to GECF, the Asia Pacific region will receive the largest portion of global natural gas investments in the upstream sector up to 2050, totaling $2.1 trillion.<\/p>\n

The report forecasts that China, Australia and Indonesia will account for 80% of these investments in the region, with China leading the way with $650 billion.<\/p>\n

North America is expected to invest $1.6 trillion over the same time period, with the majority of $677 billion to be invested in North America during the same time period, followed by Canada with $630 billion.<\/p>\n

In Eurasia, $1.5 trillion is expected to be directed to investments over the same period, 70% of which Russia will make.<\/p>\n

Africa is set to invest $1.1 trillion in gas production by 2050, 88% of which will be designated for Algeria, Egypt, Mozambique and Nigeria.<\/p>\n

In the Middle East, investments of $1.1 trillion over the same period are anticipated, 87% of which will be targeted for Iran, Qatar, Saudi Arabia and the United Arab Emirates.<\/p>\n

Elsewhere, Latin America and Europe are expected to invest $455 billion and $330 billion, respectively.<\/p>\n

– $438 billion to be invested in global natural gas liquefaction infrastructure<\/p>\n

Of the $740 billion to be allocated to natural gas midstream investments up to 2050, GECF estimates that $438 billion will be directed to natural gas liquefaction, $230 billion to regasification infrastructure and the remaining amount to pipelines.<\/p>\n

In the Asia Pacific region, the report says that $203 billion will be invested up to 2050, with 73% to be allocated to liquefied natural gas (LNG) and regasification.<\/p>\n

In North America, $143 billion will be mainly allocated to LNG infrastructure.<\/p>\n

In Africa, $120 billion will be directed at natural gas midstream infrastructure by 2050, the majority of which will be invested in Mozambique, Tanzania, Mauritania, Nigeria and Senegal.<\/p>\n

In Eurasia, investments of $102 billion are anticipated for midstream infrastructure. Russia’s expansion of LNG infrastructure and increased investments in pipelines will account for a significant share of these investments.<\/p>\n

In the Middle East, investments of $89 billion will be allocated for LNG infrastructure expansion. Around $52 billion will be allocated to midstream infrastructure in Europe, focusing on regasification infrastructure, and up to $33 billion will be allocated to mainly regasification infrastructure in Latin America.<\/p>\n

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