Title: World Natural Gas Industry Development Review 2011
Abstract: A review on 2011 world natural gas industry development involves natural gas reserves,production,international trade,consumption and price are made.According to analysis,the characteristics of world natural gas industry in 2011 can be concluded as following:(1) gas industry was going back on the track of steady development which has been interrupted during financial crisis,even with different speeds and scales of development in different regions;(2) rapid increase of US unconventional gas production promoted competitiveness of natural gas;(3) soaring in gas production made CIS and Middle East becoming dominant regions on world gas supply;(4) gas demands in emerging markets such as Asia,Middle East and South America remained robust;(5) both production and demand went down in Europe;(6) natural gas production in Africa largely influenced by political unrest;(7) LNG was becoming the main driving of world gas trade growth.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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