According to the Economist around 45% of the world’s recoverable natural-gas reserves are "unconventional", comprised mainly of shale gas, and also tight gas and coal-bed methane. The International Energy Agency (IEA) reckons global gas demand will increase by more than half between 2010 and 2035, and unconventional gas will make up 32% of the total supply, up from 14% today.
Source: The Economist
Geir Solem
http://www.elliottwavetechnician.blogspot.com/
Copyright (C) 2012 all rights reserved
While Russia and the Middle East hold the largest reserves of conventional gas, available sources of unconventional gas are spread across the world, and can be found in countries that are currently net importers, such as China and America
Source: The Economist
Geir Solem
http://www.elliottwavetechnician.blogspot.com/
Copyright (C) 2012 all rights reserved
While Russia and the Middle East hold the largest reserves of conventional gas, available sources of unconventional gas are spread across the world, and can be found in countries that are currently net importers, such as China and America
