With Shell reporting that gas is expected to contribute over 40% of energy demand growth over the next two decades, it highlights the rationale behind Canada's drive and determination to develop their natural gas infrastructure.
Contributed by: KovidRawat, Research Analyst, Energias Market Research & Consulting
Asia-Pacific is a fast-evolving gas market characterized by destination restriction, orthodox policies and monopolistic domestic supply infrastructure. However, the scenario is set to change as major Asian countries are liberalizing the gas policies.
Interview with Jefferson Edwards, GM - Global Gas & LNG Market Development, Integrated Gas, Upstream International, Shell
As reported by Shell’s LNG Outlook 2017, the future LNG demand growth will be driven by: policy, floating storage regasification units (FSRUs), replacing declining domestic gas production, small-scale LNG and transport.
Interview with DavidKnipe, Head of International Gas, IST, BP
According to BP’s Energy Outlook 2017, natural gas grows faster than both oil and coal, growing 1.6% each year between 2015 and 2035. The strength of natural gas demand is reflected by the help of government policies supporting the growth of gas.