Monday 20 January 2020
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vanguardngr - 1 month ago

The Malabo declaration and natural gas trade

Natural gas is believed to be the cleanest of all the fossil fuels because the level of greenhouse gas emission is considerably low. It has become a credible alternative for reducing pollution and maintaining a clean and healthy environment. Natural gas could emit about 55 percent less carbon dioxide than coal and about 30 percent less carbon dioxide than oil in combustion. It is becoming an efficient and competitively priced fuel for electricity generation and heating. The scenario has triggered a global capital expenditure, capex expected to reach around US$1.13 trillion by 2025. It implies a bright future for natural gas investors. Continue reading The Malabo declaration and natural gas trade at Vanguard News.


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