Illustration; Source: The International Energy Agency (IEA)

COP28’s impact on LNG spree: Will decarbonization moves throw oil & gas players off their game?

There is a vast divide between some forces at play during COP28, which are trying to shape the future of the energy landscape in their image. While many are sparing no expense in the fossil fuel crackdown quest to bring about a net zero world, others are doing their utmost to ensure a more balanced approach that will not interfere with planned oil and natural gas projects, as they are convinced that fossil fuels cannot be thrown out of the energy mix as quickly as some would like unless many countries around the globe wish to forsake their energy security to chase the green shift.

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