{"id":28553,"date":"2024-03-22T22:12:38","date_gmt":"2024-03-22T22:12:38","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050"},"modified":"2024-03-22T23:02:42","modified_gmt":"2024-03-22T23:02:42","slug":"global-natural-gas-investments-to-reach-almost-9-trillion-by-2050","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050","title":{"rendered":"Global natural gas investments to reach almost $9 trillion by 2050"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>The Gas Exporting Countries Forum&#8217;s (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the midstream sector.<\/p>\n<p>Global natural gas production is expected to reach 5.3 trillion cubic meters by 2050, up from the current 4 trillion cubic meters, the report shows.<\/p>\n<p>The realization of this target requires global natural gas investments in the upstream and midstream sectors up to 2050. The Asia-Pacific region and North America will lead these gas investments, followed by Eurasia, Africa, the Middle East, Latin America and Europe.<\/p>\n<p><b>Asia Pacific to receive largest share of investments<\/b><\/p>\n<p>According to GECF, the Asia Pacific region will receive the largest portion of global natural gas investments in the upstream sector up to 2050, totaling $2.1 trillion.<\/p>\n<p>The report forecasts that China, Australia and Indonesia will account for 80% of these investments in the region, with China leading the way with $650 billion.<\/p>\n<p>North America is expected to invest $1.6 trillion over the same time period, with the majority of $677 billion to be invested in North America during the same time period, followed by Canada with $630 billion.<\/p>\n<p>In Eurasia, $1.5 trillion is expected to be directed to investments over the same period, 70% of which Russia will make.<\/p>\n<p>Africa is set to invest $1.1 trillion in gas production by 2050, 88% of which will be designated for Algeria, Egypt, Mozambique and Nigeria.<\/p>\n<p>In the Middle East, investments of $1.1 trillion over the same period are anticipated, 87% of which will be targeted for Iran, Qatar, Saudi Arabia and the United Arab Emirates.<\/p>\n<p>Elsewhere, Latin America and Europe are expected to invest $455 billion and $330 billion, respectively.<\/p>\n<p><b>$438B to be invested in global natural gas liquefaction infrastructure<\/b><\/p>\n<p>Of the $740 billion to be allocated to natural gas midstream investments up to 2050, GECF estimates that $438 billion will be directed to natural gas liquefaction, $230 billion to regasification infrastructure and the remaining amount to pipelines.<\/p>\n<p>In the Asia Pacific region, the report says that $203 billion will be invested up to 2050, with 73% to be allocated to liquefied natural gas (LNG) and regasification.<\/p>\n<p>In North America, $143 billion will be mainly allocated to LNG infrastructure.<\/p>\n<p>In Africa, $120 billion will be directed at natural gas midstream infrastructure by 2050, the majority of which will be invested in Mozambique, Tanzania, Mauritania, Nigeria and Senegal.<\/p>\n<p>In Eurasia, investments of $102 billion are anticipated for midstream infrastructure. Russia&#8217;s expansion of LNG infrastructure and increased investments in pipelines will account for a significant share of these investments.<\/p>\n<p>In the Middle East, investments of $89 billion will be allocated for LNG infrastructure expansion. Around $52 billion will be allocated to midstream infrastructure in Europe, focusing on regasification infrastructure, and up to $33 billion will be allocated to mainly regasification infrastructure in Latin America.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/eritrea\">Eritrea<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. The Gas Exporting Countries Forum&#8217;s (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the midstream sector. Global natural gas production is expected to reach 5.3 trillion cubic meters by 2050, up from [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":28552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[242,243,233,4262,1656,4264,3839,4263],"class_list":["post-28553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-eritrea","tag-eritrea","tag-gas-exporting-countries-forum","tag-global","tag-midstream","tag-natural-gas","tag-upstream"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Global natural gas investments to reach almost $9 trillion by 2050 - Eritrea<\/title>\n<meta name=\"description\" content=\"The Gas Exporting Countries Forum&#039;s (2050) forecast report projects that global natural gas investments will total almos ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global natural gas investments to reach almost $9 trillion by 2050\" \/>\n<meta property=\"og:description\" content=\"The Gas Exporting Countries Forum&#039;s (2050) forecast report projects that global natural gas investments will total almos ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-22T22:12:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-22T23:02:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2024\/03\/sm_1711132213.910598.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Global natural gas investments to reach almost $9 trillion by 2050\",\"datePublished\":\"2024-03-22T22:12:38+00:00\",\"dateModified\":\"2024-03-22T23:02:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050\"},\"wordCount\":465,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2024\/03\/sm_1711132213.910598.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\",\"Gas Exporting Countries Forum\",\"global\",\"midstream\",\"natural gas\",\"Upstream\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-natural-gas-investments-to-reach-almost-9-trillion-by-2050\",\"name\":\"Global natural gas investments to reach almost $9 trillion by 2050 - 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