Gas Demand
This is a post by bencro over at QEC (give credit where credit is due)
Shale Boom, Gas Demand to Make North America LNG Exports Reality
The increase in North American natural gas due to the shale gas boomand a projected increase in global gas demand mean that North Americawill become a liquefied natural gas (LNG) exporter within the next fewyears.
The recovery in global LNG consumption in 2010, combined withanticipated gas demand growth in emerging economies of China and Indiapresents opportunities for LNG exports, as does growing demand inEurope, where gas production is expected to decline and demand forgas-fired power generation is expected to grow.
Near-term LNG demandalso will be impacted by Japan, where the earthquake and tsunami damagednuclear power facilities, resulting in strong demand for natural gas tofire electric power plants.
More at:
https://www.rigzone.com/news/article.asp?hpf=1&a_id=106651