$7 Trillion Investment Needed for Global Gas Supply Through 2050 to Enable Clean Energy Transition, Says Report
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World will need $7 trillion through 2050 to ensure sufficient gas supply as nations shift to cleaner energy (according to Japan think tank)
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Investment needed for new LNG export plants, refurbishing facilities, developing gas fields
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Scenario assumes 56% emissions reduction by 2050
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Differing forecasts for gas consumption and net zero proposals have complicated planning
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Major producers say gas will play long-term role in energy transition, especially as countries move from coal