ExxonMobil is bullish on long-term prospects of natural gas

05/18/2011 | National (Abu Dhabi, United Arab Emirates), The

Natural gas will play a key role in the global energy mix through 2030, according to ExxonMobil. The company regards gas as a "particular area" for long-term investment opportunities, said Rob Gardner, manager of the economics and energy division of the corporate strategic planning department at Exxon. The company also intends to apply shale gas drilling technologies to similar formations overseas, he added.

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National (Abu Dhabi, United Arab Emirates), The

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