How can technology help to unlock the world’s gas resources?
Global energy demand continues to surge and is set to double in the first half of this century, thanks to improving living standards and population growth. Many of the world’s remaining supplies of oil and gas are in harder-to-reach places. So, how can we adapt to this changing environment, and how can technology help us?
Shell’s point of view
In the coming decades, more energy at a much-reduced cost to the environment must be found, and at Shell we’re determined to play a central role in meeting this challenge.
That’s why we’re constantly developing and applying new technology solutions that help unlock new gas resources, the cleanest-burning fossil fuel. For example, we’re now developing “floating liquefied natural gas”. This is a breakthrough technology that will allow us to process, liquefy, store and transfer LNG, and by-products, at sea, instead of building pipelines and onshore infrastructure. That means we now can develop offshore gas resources that otherwise would be too costly or too difficult to develop. In fact, we’ve just announced our decision to build the world’s first floating LNG plant, which will be the largest floating offshore facility in the world.
We believe that natural gas will play a prominent role in our energy future as it is abundant, affordable and is the cleanest-burning fossil fuel. And we believe that by staying at the forefront of technological developments, we can help the shift towards a better energy future.