... To break down this growth furthermore, nearly 60% of it will come in the form of power generation as Asian nations urbanize.
OECD’s traditional markets will experience stable, but negligible growth for most of 2012 to 2035 period. However in 2035, which is one of the reasons why BP extended its forecast timeframe, the OECD may even experience a slide in demand as energy efficiency finally takes hold. In effect, the OECD’s peak growth in demand, recorded around 2006, will never be beaten. In all, we should expect a continuation of the trend ...
... billion cubic meters. Currently, 16 US states have shale operations. As a result, US natural gas imports fell by 45% whereas LNG import decline by 19% since shale inception. Impressively, by 2015 the overall energy figure should increase to 43% and by 2035 to 60% – if correct, making US the leading gas producers in the whole world, although that is a very high target.
Characteristics of US Market:
First crucial reason for Shale Revolution occurring in the US, and arguably as many observers ...
... process of preparing and researching for my dissertation «The Role of Eastern Energy Strategy in the Russian Foreign Policy: Opportunities and Threats» at the HSE, I was introduced to this insightful publication «Energy Outlook Until 2035». Today I wish to share its findings and conclusions with anyone who is interested in the oil and gas industry. Before commencing, I just want to give all the appropriate credits and the report link. Please Feel Free to Comment to Discuss!
...