Asia to drive global gas demand in next 15 yrs: Gazprom

Singapore

ASIAN demand will keep natural gas's share of global energy supplies stable over the next 15 years despite stalling consumption in Europe, while oil and coal will lose some global share to renewables and nuclear power, Russia's Gazprom said.

Oil, the world's most important fuel for transportation, will fall from 33 per cent of global energy demand to 28 per cent by 2030, while coal, the biggest source for electricity generation, will fall from 30 to 26 per cent, Gazprom said at its 2015 investor day in Hong Kong on Tuesday.