Qatar bats for natural gas
Wednesday, 3 November 2010
SINGAPORE, Nov 2 (Commodity Online): World's third largest natural gas reserves holder, Qatar said natural gas will become more desirable than other energy sources including renewables, nuclear and fossil fuels.
Speaking at an international energy forum here Abdullah bin Hamad al-Attiyah said he was confident that global natural gas adoption would accelerate, mainly for price and environmental reasons.
"Coupled with the environmental regulations and emission reduction policies, this much cleaner fuel is becoming the most desirable source of energy for large-scale electricity generation worldwide." He said.
He said coal and oil use were unviable due to their detrimental environmental effects, while biofuels' main disadvantages included high food crop prices, copious land use and excessive water usage.
Nuclear power, while seen as clean, emits carbon dioxide and generates radioactive waste that has to be disposed of safely and properly.
Renewable energy sources such as solar, wind and hydro power are "environmentally-promising" but remain too expensive, the minister said. "Major technological breakthroughs across the renewable energy production chain are needed in order to economically tap these sources of energy," he added.
Speaking at an international energy forum here Abdullah bin Hamad al-Attiyah said he was confident that global natural gas adoption would accelerate, mainly for price and environmental reasons.
"Coupled with the environmental regulations and emission reduction policies, this much cleaner fuel is becoming the most desirable source of energy for large-scale electricity generation worldwide." He said.
He said coal and oil use were unviable due to their detrimental environmental effects, while biofuels' main disadvantages included high food crop prices, copious land use and excessive water usage.
Nuclear power, while seen as clean, emits carbon dioxide and generates radioactive waste that has to be disposed of safely and properly.
Renewable energy sources such as solar, wind and hydro power are "environmentally-promising" but remain too expensive, the minister said. "Major technological breakthroughs across the renewable energy production chain are needed in order to economically tap these sources of energy," he added.