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What prospects for gas?
Date: February 4th 2010 Author:
Marsel Salikhov
Category: Expert commentary
Topic: Natural gas , Coal , CO2 emissions
Topic: Natural gas , Coal , CO2 emissions
The most recent edition of the International Energy Agency’s the regular world energy year-book – the “World Energy Outlook 2009” – could be said to paint a stark picture of the prospects for natural gas. Falling demand for gas due to the global recession, coupled with new capacity coming on-stream over the next few years, is said to lead to a “glut of gas” and a shift from a seller’s to a buyer’s market.
But before we jump to any conclusions about what this could mean for
Gazprom, or for Russia, we need to look more closely at the analysis in
this exhaustive 700-page survey of energy trends to 2030, and in
particular at the underlying assumptions. Th...
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