Absolutely all sources, whether traditional or renewable energy sources, will demonstrate growth. That said, renewables will spearhead this growth for a variety of reasons. First of all, because of the incentives provided by the policies of various governments around the world, [mainly] subsidies [...] We expect oil to continue to lead the way in meeting global demand for the foreseeable future […] Oil and gas together will account for about 53% of the global energy balance by 2045 — Mohammad Sanusi Barkindo, Secretary General, Organization of the Petroleum Exporting Countries (OPEC).
Natural gas has very good prospects. Despite what’s going on with prices now, we believe that this resource is accessible both in terms of volumes and price […] We view natural gas as an affordable, flexible fuel that is loyal to the natural environment […] By 2005, natural gas consumption will be about 5.6 trillion cubic metres, a 46% increase compared with today’s consumption volume. So, natural gas consumption will grow, and accordingly, its production will increase [...] We believe renewable energy sources will somewhat outperform natural gas. In the aggregate, though, the synergy of renewable energy sources and natural gas will cover 90% of primary energy consumption and primary energy demand — Yury Sentyurin, Secretary General, Gas Exporting Countries Forum (GECF).