Sunday, August 14, 2011

The golden age of natural gas - logistics will be the key


The price of natural gas is highly variable across regions. Cheap in the US. More expensive in Europe and most expensive in Asia. This will not continue but like the oil market it is the logistics that will often drive price as much as proven reserves.It is getting natural gas to the places that need it from those places that have it. LNG terminals will need to be built and pipeline projects approved.

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