Changing Economics of Gas Transportation: An IGU Paper
Article from: OGEL 4 (2003), in National and International Issues in Natural Gas Development
Summary
The increasing use of energy, concerns about climate change, plentiful gas reserves and continued technological innovation will ensure that natural gas will play an increasingly significant part in the development of the world's energy requirements for the foreseeable future. In the paper, Figure 1 shows that although growth slowed in 2001, the global gas market has doubled since the mid 1970's and is now in excess of 2.4 trillion cubic metres per year (2.4x1012 m3/yr) This growth is expected to continue, supported by an increase in proven gas reserves from 82.4 trillion cubic meters in ...