BP plans to boost its natural gas business in sustainable energy push

The United Kingdom-based oil and gas giant BP Plc plans to increase its business in the natural gas sector as a part of efforts to limit climate change, a senior executive said on Wednesday.

"We are building a more resilient portfolio with a growing natural gas component to support actions of the Paris agreement on climate change," said David Eyton, chief technology officer at BP in Beijing.

Another reason for BP increasing its role in natural gas will be its forecast of a significant volume of fossil fuels, such as natural gas, which will still be used as part of the transition to a more sustainable future energy mix.