Qatar’s massive $29- billion bet and warning on natural gas has lessons for Canada

As the world moves toward renewable energy or lower emission fuels, natural gas has emerged as a compromise energy source.

While most environmental groups are still not convinced that natural gas should be a prominent player in a furlture low carbon world. The international energy agency expects global natural gas demand to rise 2.5 percent annually at least very the next five years.

With China, India and emerging Asia accounting for more than half of the increase. Over the next 30 years, global gas demand will rise 30% although it will face intense competition from renewable sources.

Detecting an opportunity to capture more market share, Qatar, the world’s biggest liquified natural gas exporter , unveiled a massive $28.75 billion bet Tuesday to develop 32 million tones per year of its production from its lucrative North Field- the world’s largest natural gas field.

It will be largest single LNG project sanctioned in History, according to the research firm Wood Mackenzie. It will also be more than two times the proposed capacity of under construction LNG Canada project on the west coast being developed by Royal Dutch Shell PLC.

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The Benefits of Gardening for Mental Health and Well-being Gardening has long been recognized as a therapeutic activity that can have a positive impact on mental health and overall well-being. The act of connecting with nature through gardening can provide a sense of calm and tranquility, allowing individuals to escape the stresses of daily life…

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The Benefits of Holistic Gardening for Sustainable Living Holistic gardening is a practice that goes beyond simply growing plants. It is a way of gardening that takes into account the interconnectedness of all living things and aims to create a harmonious and sustainable ecosystem. This approach to gardening has gained popularity in recent years as…

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The transition from cultivating a garden as a hobby to establishing a full-fledged business is a courageous yet profoundly rewarding journey. It signifies more than just the evolution of a pastime; it embodies a profound understanding of nature’s intricacies, market dynamics, and the discerning needs of customers. In our comprehensive feature on gardening entrepreneurs, we…

Entrepreneur, Writer, Business advocate and Teacher. Nice to have every soul on board. Eyasu do adore the HUMAN Nature. Join the Wonderful Team.

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