RE: RE: SPECULATION TO NEW HIGHS....G40
Bottom line is Gas is very valuable all over the world especially Europe nand erasia and Asia etc.
infrastructures of all types are being built for LNG and condesates.
This is the next energy push ...so the reduction of flaring and higher market demand ..has pointed the companies to make it profitable for Gas production.Why even some companies are exploring for gas...where market demand is high.Noble drilling in Israel is just 1 example.
Gas is HUGE and the future (time frames?)IMHO will more than likely prove me right.
And excess Methane is reinjected back into the fields to maintain reservoir pressures.
Baz