Gas medium-term market report 2012 : market trends and projections to 2017 / International Energy Agency.

Format:

Book

Author/Creator:

International Energy Agency Staff, Corporate Author.

Contributor:

International Energy Agency.

Language:

English

Subjects (All):

Gas industry.

Gas industry--Economic aspects.

Gas industry--Forecasting.

Physical Description:

1 online resource (168 p.)

Place of Publication:

Paris : OECD/IEA, 2012.

Language Note:

English

Summary:

With ample recoverable resources, natural gas seems destined for a bright future. It nevertheless faces many challenges to increase its share in the primary energy mix, including insufficient upstream development, inadequate pricing structure, competition from other fuels, and geopolitical issues. . The IEA Medium-Term Gas Market Report 2012 reviews how gas markets managed the challenges of 2011, from the consequences of the Fukushima incident to the unrest in the Middle East and North Africa to a further deteriorating economy. It gives detailed gas supply, demand and trade forecasts up to

Contents:

MEDIUM-TERM GAS MARKET REPORT 2012; FOREWORD; ACKNOWLEDGEMENTS; TABLE OF CONTENTS; EXECUTIVE SUMMARY; DEMAND; Summary; Recent trends; World gas demand is not quite back on its previous growth track; OECD: Japan LNG imports surged; UK demand dropped even more; Non-OECD gas demand; Medium-term gas demand forecasts: growing amid uncertainties; Assumptions; World gas demand reaches new highs; OECD region: Europe looks for a floor and Americas for a ceiling; Sectoral focus: why is switching from coal to gas not occurring on a much larger scale in the United States?; The dash for gas

Potentially switchable gas capacityFactors affecting the utilisation of the switchable capacity; Understanding the specificities of the US power sector; Looking forward to retirement, coal plants?; Non-OECD region; Regional focus: what Chinese gas demand of 273 bcm in 2017 means for the world; China is the fourth largest gas user in the world; Understanding China's pricing issue; Attracting sufficient supply is also a question of infrastructure; Gas demand increases at 13% per year; Gas demand increases at 13% per year; References; SUPPLY; Summary; Recent trends

The United States leads 2011 global supply growthOECD markets: plus, minus, equal; Non-OECD Markets; Unconventional gas; Where will new supply come from over 2011-17?; US gas production defies gravity; Russia; The Caspian region; The Middle East will serve exclusively its domestic gas market; Africa; Asia; Latin America; References; TRADE; Summary; Recent trends; LNG markets: a healthy growth; Interregional pipeline trade; Recent infrastructure developments; Medium-term infrastructure investments: the race to bring gas to markets; 2009-20: accelerate, pause, accelerate

Committed liquefaction projects: the 500 bcm mark is getting closeNew committed projects will be more expensive; Where is the next wave of LNG supply to come from?; Developing import infrastructure; Europe: is there a need for new import infrastructure?; Asia; Mexico, Latin America and the Middle East; Global trade developments are shifting to Asia; International pricing environment: back to your corner?; Asian price developments; European price developments; US price developments; Development of a trading hub in Asia; Spot market developments; Regulatory developments in Europe; References

THE ESSENTIALS

Notes:

Description based upon print version of record.

Includes bibliographical references.

ISBN:

92-64-17798-1

OCLC:

823246600