Related Articles
Forward article link
Share PDF with colleagues

The next decade to hold greater international flows of gas

Manas Satapathy, Nuri Demirdoven, Al Escher, and Muqsit Ashraf, of SBC, take a look at global gas markets over the next decade

Shale gas has transformed the North American natural gas market, but its potential to influence global markets is often called into question. Our analyses predict greater international flows of gas over the next decade, as a result of surging US supply.  Initially, these flows may not affect the existing stratification of international gas markets. But, eventually, volumes can be sufficient to influence and possibly break the world’s three-way, regional gas-market model: oil-linked Asia; gas-on-gas North America; and Europe, a hybrid of both. In this scenario, the approximate gas-price ratio of 1:2:4 for North America, Europe and Asia will not hold. Interestingly, in the 10 years to 2008,

Also in this section
Peak demand and oil's long-term trap
19 January 2018
Fixating on the timing of a peak in oil demand is misplaced. Rather, the peak's significance is in shifting the paradigm, from perceived scarcity to perceived abundance. And it poses a problem for low-cost producers
The end is nigh for oil
12 January 2018
Fossil fuel merchants including oil companies are living on borrowed time, argues a new book
US energy: what to watch in 2018
3 January 2018
Oil production, trade, renewables and technology top our list of major questions facing America's energy industry heading into the new year