How is the Spectra acquistion looking now According to: https://www.hellenicshippingnews.com/natural-gas-a-vital-element-in-mission-net-zero-gecf/
Based on the latest estimates in the GECF RCS, global primary energy demand is projected to increase by 24% over the next three decades, boosted by cumulative economic and population growth drivers.
The only approach to achieve energy market stability, responsible and inclusive economic growth, as well as sustainable development goals is to consider natural gas as a destination fuel that will always be an essential element in achieving a lower-carbon energy system
It is obvious that the structure of the energy mix is becoming more diversified thanks to the expansion of renewables. However, fossil fuels are projected to remain dominant, accounting for 71% in 2050.
According to the latest GECF estimates, natural gas will become the leading source in the global energy mix by mid-century, increasing its share from 23% today to 28%.