Unconventional Gas: Local Supply with Global Implications
The sharp growth in unconventional gas production in North America has turned the gas market on its head. In addition to making North America increasingly self sufficient in gas, it has also removed the need to import LNG and, in so doing, has contributed to the surplus of LNG available to European and Asian markets. This has helped depress spot prices globally.
Unconventional gas (coal bed methane, tight gas, shale gas) is present in large volumes throughout the world, and offers the potential to continue to reshape global gas dynamics. Many commentators expect the North America experience of sharp unconventional gas growth to be repeated elsewhere and are forecasting the perpetuation of a global gas surplus.
Is this likely? In this article we discuss the availability of unconventional resource, consider the impact of its development, identify some of the issues that will constrain its growth and address some of the implications for stakeholders – for upstream suppliers, resource holders, buyers and policy makers.
To request a copy of the full article, please register your interest.
If you would like to find out more about the suite of Wood Mackenzie products that address the different facets of unconventional gas, please contact Gael Williamson, gael.williamson@woodmac.com.
Share this page through email | del.icio.us | digg | what's this?
Related Products & Services
Contact Us
Europe:
T +44 (0)131 243 4477
E eurhelpdesk@woodmac.com
Americas:
T +1 713 470 1700
E amhelpdesk@woodmac.com
Asia Pacific:
T +65 6518 0888
E aphelpdesk@woodmac.com