Thu Apr 22, 2010 10:41am BST
* Global gas demand seen rising 50 pct by 2030
* Sees LNG thirst doubling by 2020
* $5 trillion needed to produce new gas in next 20 years
PARIS, April 22 (Reuters) – Global demand for gas is set to rise constantly over the next 20 years amid plentiful reserves and its increasing use to produce power, a senior executive at Royal Dutch Shell (RDSa.L) said on Thursday.
“We see global gas demand growing by at least 2 percent a year over some decades, so by 2030 we look at gas demand hitting 4.5 trillion cubic meters of gas per year,” Malcom Brinded told an oil conference. “That’s 50 percent up from today’s level.”
Brinded was equally bullish on prospects for liquefied natural gas, which he saw growing “a lot faster” than overall gas demand, driven by China’s economic growth and higher demand in Europe and countries such as Malaysia, Thailand, Singapore, Pakistan, Kuwait, the United Arab Emirates and Bahrain.
“Despite the difficult market we’ve had in the last year in the recession, we… expect global LNG demand to double this decade,” said Brinded, who expects China’s gas demand to “double or treble” by 2020 from around 100 billion cubic meters today.
This boom in LNG demand will need to be matched by a similarly rapid increase in supply, which is currently growing by at least 6 to 8 percent a year, he said.
Brinded said he was confident this was possible.
“There is enough gas around, this is increasingly clear,” he said, citing data from the International Energy Agency showing recoverable gas reserves worth 250 years of current production.
Some $5 trillion would be needed over the next 20 years — or $20 billion per year — to extract this gas.
“These figures are staggering,” he said. “The gas is there, it is going to take investments and it needs a lot of new technology… This is truly an energy revolution.” “People are looking for certainty around three key issues: availability, affordability and environmental acceptability of gas. I think gas wins on all points.”
(Reporting by Muriel Boselli, Emma Farge and Marie Maitre; Editing by Michael Hogan)
� Thomson Reuters 2010 All rights reserved.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
