Gas has a number of advantages over other energy sources.
Gas is a bridge fuel from dirty coal and oil to non fossil fuel energy solutions. Gas produces around half as much carbon dioxide as coal when burned to generate power.
Liquefied natural gas (LNG) is easy to transport and store. LNG is natural gas that has been converted to liquid form, which causes the volume of the gas to be greatly reduced.
Gas has robust European pricing that is disconnected from trends in oil prices. Gas prices were sheltered from the recent oil price decline.
Our focus on gas is a reflection of the strategy of all the majors.