Mr. H.
Diamond Member
Absolutely fascinating...
RIGZONE - Shale Boom, Gas Demand to Make North America LNG Exports Reality
Imagine that - the U.S. actually exporting something of value. Bringing money back into this country.
The increase in North American natural gas due to the shale gas boom and a projected increase in global gas demand mean that North America will become a liquefied natural gas (LNG) exporter within the next few years.
The recovery in global LNG consumption in 2010, combined with anticipated gas demand growth in emerging economies of China and India presents opportunities for LNG exports, as does growing demand in Europe, where gas production is expected to decline and demand for gas-fired power generation is expected to grow. Near-term LNG demand also will be impacted by Japan, where the earthquake and tsunami damaged nuclear power facilities, resulting in strong demand for natural gas to fire electric power plants. However, it is too early to tell how this will impact Japan's long-term plans.
Right on.
USA
USA
USA
(Sing along with me - you know the words)
RIGZONE - Shale Boom, Gas Demand to Make North America LNG Exports Reality
Imagine that - the U.S. actually exporting something of value. Bringing money back into this country.
The increase in North American natural gas due to the shale gas boom and a projected increase in global gas demand mean that North America will become a liquefied natural gas (LNG) exporter within the next few years.
The recovery in global LNG consumption in 2010, combined with anticipated gas demand growth in emerging economies of China and India presents opportunities for LNG exports, as does growing demand in Europe, where gas production is expected to decline and demand for gas-fired power generation is expected to grow. Near-term LNG demand also will be impacted by Japan, where the earthquake and tsunami damaged nuclear power facilities, resulting in strong demand for natural gas to fire electric power plants. However, it is too early to tell how this will impact Japan's long-term plans.
Right on.
USA
USA
USA
(Sing along with me - you know the words)