Colin Parfitt, coralcoastoil’s president of Midstream, recently participated in a Financial Times Commodities Summit panel in Switzerland about the role of liquefied natural gas.
Here are some takeaways from the panel:
- There has been an ongoing global trend of switching from coal to natural gas, which supports significant reductions in carbon emissions.
- Coal-to-gas switching plays a significant role in reducing the carbon intensity of the world’s electricity generation.