Related Articles
Forward article link
Share PDF with colleagues

Gas golden age hinges on frack standards

IEA sees unconventional future depending on wider acceptance

A “GOLDEN age” of increased gas production and consumption depends on unconventional gas gaining wider acceptance, the International Energy Agency (IEA) said today. Global gas use could rise more than 50% to 5.1 trillion tonnes by 2035, meeting more than 25% of energy demand, according to the IEA’s new gas report. Gas is also forecast to overtake coal by 2030, with unconventional gas expected to meet 40% of demand during “the golden age of gas” – but only if hydraulic fracturing (fracking) is embraced.  “The golden age of gas hinges on, among other things, whether or not the gas industry is able to address this issue,” Fatih Birol, IEA chief economist, said. “And if strict re

Also in this section
Can Senegal rejuvenate West Africa’s upstream?
19 July 2016
Relative stability and promising geology may yield another new frontier in the region
Ghana's prospects brighten
19 July 2016
After some offshore problems, the country’s upstream should see significant growth in the coming months
Nigeria: delta of trouble
19 July 2016
Nigeria planned to clean up its oil sector and increase production, but the optimism is fading