The international community should unite in helping India and other emerging economies to switch their energy sources from coal to cleaner fuels like natural gas, instead of focusing on trade wars, Mark Anthony Gyetvay, the deputy chairman of the management board of Russia's largest independent natural gas producer Novatek, said on Tuesday.
BARCELONA (Pakistan Point News / Sputnik - 18th September, 2018) The international community should unite in helping India and other emerging economies to switch their energy sources from coal to cleaner fuels like natural gas, instead of focusing on trade wars, Mark Anthony Gyetvay, the deputy chairman of the management board of Russia's largest independent natural gas producer Novatek, said on Tuesday.
"We should stop talking about trade wars and [trade] problems, because the industry needs to work together. We need to focus [on] how we should shift away in many emerging markets like India and move them away from coal to natural gas," Gyetvay said during a panel session at the Gastech conference in Barcelona.
Gyetvay cited China and the United States as countries with successful coal-to-natural gas switch policies.
Coal use has been growing in India in recent years. In financial year 2017, the volume of coal output in India amounted to some 567 million tonnes.
Meanwhile, coal demand in Europe, the United States and China has been decreasing. Chinese state media reported in December that Beijing aimed to have 70 percent of northern Chinese cities heating their homes with clean energy by 2021. The US Energy Information Administration (EIA) said in early July that US consumption of natural gas increased by 24 percent between 2005 and 2017.
