6 October 2009
Unconventional gas fuelling the future
The huge potential of uncoventional gas will reshape the global gas industry
By NJ Watson Unconventional gas is set to reshape the global gas industry, making long-term supply and price forecasts difficult, keynote speakers told the WGC yesterday. The magnitude of the world's estimated 900 trillion cubic metres of unconventional gas "changes any long-term view on the industry", Antonio Brufau, executive chairman of Spain's Repsol, said here yesterday. And, speaking at Tuesday's WGC luncheon, StatoilHydro's Rune Bjornson, executive vice-president of natural gas, said advances in the unconventional-gas business were tantamount to a "revolution" – and one poorly understood outside the industry. The US Energy Information Administration forecasts that unconventional sourc
Also in this section
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria
17 April 2024
Uzbekistan and Kazakhstan provide opportunities after Europe turns it back, while also offering another gateway to China
16 April 2024
Commentators need to shake off the myths of the past, with rising oil prices a boon for US economy
15 April 2024
Though hampered by methane concerns, US LNG has a crucial role to play for European and Asian energy security, US economic needs and the energy transition drive