In 2014, natural gas accounted for 21% of the world's energy supply
In 2014, natural gas accounted for 21% of the world's energy supply

Gas: the last fossil fuel standing?

20 January 2017

Cleaner than oil or coal, industry experts are predicting natural gas may be the fuel that helps transform global energy.

Blame the climate. Warmer weather, fuelling demand for air conditioning, was one of a cocktail of ingredients – others included falling production and increased US exports to Mexico and South America – that led to natural gas prices jumping by 33% in the third quarter of 2016. This was the most extreme price surge but globally the cost of natural gas was up 21%.

To read the rest of this article you need to sign in:
Don't have an account? Register here


Not a CIPS member? Why not join CIPS to access a full range of benefits, including:

  • Access all areas of the CIPS Knowledge on-line library including tools and templates and Supply Management stories.
  • Enhance your network and get connected to a global community of 120,000 in 150 countries.
  • Stay in touch and up to date through member only events and branch meetings.
  • Annual subscription to Supply Management magazine.
  • 10 per cent discount on all training courses, workshops, seminars and conferences.
  • Up to 15 per cent discount on books from the CIPS book store, including course books and a range of further reading text books.

And much more. Click here to join >

London (South), London (Greater)
£49k circa
Historic Royal Palaces
Home Based
Expense Reduction Analysts
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates