... setting rates by gas (1.9% p.a.). A huge share held by coal will stay steady even as China begins to finalise its industrialization and shift to cleaner more energy inputs... ... their own respective industrializations and boost demand for coal (at 1.1% p.a). As BP forecasts coal will resurge strongly in lesser economies like Indonesia, India, etc... ... points out industrialization has always been about the “cyclical effect of energy usage”, as first countries use cheap dirty coal when they are not developed, then...
... growth being driven by China. LUKoil sees that for Russia this is not good news as it is yet to complete any big gas deals with China, while its traditional European market is forecasted to persist in being difficult. Although European production will actually decline and imported gas will increase, the ... ... in Qatar (see: QatarGas, RasGas) which will amount to 1/5 of the total and we are anticipating a possible export trend from USA. The growth in production of unconventional gas will allow the US to start exporting gas by the middle of the current decade ...
... clarity as I go along, please feel free to leave a comment – lets make these blogs interactive!
Shale Gas History (USA):
The New Times – a Russian weekly – reports that the US Shale Revolution is picking up pace at unprecedented ... ... - as many in the US argue it should be aimed predominantly at the home market.
Non-US Shale Progress (Europe and Asia):
China is eager to jump on the Shale Revolution and aims to produce 100 billion cubic meters by 2015. Firms like Shell, Chevron,...
... notably less powerful cars of the 1960’s to 1980’s. Moreover, albeit global energy intensity has fallen globally (even China and Russia has improved) due to technological innovation within efficiency, nonetheless it is unlikely to fall further as ... ... substantial net-importer of gas into almost a self-sustainable entity, with a net-equal position between its imports and exports. USA even had to convert its now useless LNG terminals (which it first built at a massive cost to assure gas supplies in early ...
