The IEA sees LNG supply, demand and investment all growing. But the factors required for the development of a truly ‘global’ gas price will remain unsatisfied.
Recently-finalized plans to build a 2,500km-plus pipeline connecting Russian gas resources to the Chinese market have brought gas transportation costs – which typically run 700-1,000% higher than those for oil – into the spotlight. (CONTINUED - 937 WORDS)
