Gas 2017: Analysis and Forecasts to 2022

Gas 2017: Analysis and Forecasts to 2022

Author(s): International Energy Agency | Publisher: International Energy Agency | Year: 2017 | Language: English | Pages : 136 | Size: 9 MB | Extension: pdf 
The natural gas market is undergoing a fundamental transformation. Industry has overtaken the power sector as the driving force behind the growing use of gas, thanks to rising demand in places like the People’s Republic of China, developing Asia, the Middle East and the United States. At the same time, structural changes in gas supply and trade are changing the global gas market. Heavily oversupplied markets, the ongoing shale-gas revolution in the United States, the second wave of additional liquefaction capacity from Australia and the US, and the fast-growing LNG trade are disrupting traditional gas…