Global market trends point to coal consumption continuing to rise, with the exception of the US. Driven by low prices, the new IEA report predicts that coal will come close to surpassing oil as the world's top energy source--much of it driven by growing demand in China and India.
Singapore is best tipped to be the regional LNG hub for Asia, says the International Energy Agency's (IEA) Laszlo Varro, IEA's Head of Gas, Coal and Power Division. He spoke on "Developing a Natural Gas Trading Hub in Asia" recently at the launch hosted by EMA.
In its recent report released at the World Economic Forum in Davos, IHS looks at the unique preconditions that have allowed the US to gain an early start in unconventional energy, even as governments from other regions are discovering resources and opportunities to do the same with technology and favourable policies.
Even as major gas producing countries from China to South Africa are seeking to develop their shale gas reserves, regulations and water management remain challenging. This article looks to the US for lessons learned.
Even as major gas producing countries from China to South Africa are seeking to develop their shale gas reserves, regulations and water management remain challenging. This article looks to the US for lessons learned. More CLEAN ENERGY, OIL & GAS, POLICY
IEA acknowledges the significance of coal in the global energy mix, but stresses that a roadmap is needed to move towards more efficient usage of the fuel.