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The Future of Natural Gas

Glenn Pisani

The world is in the midst of a natural gas explosion. Even the International Energy Agency calls it a “golden age of gas”. If such optimism proves right, the implications would not only be far greater than those of the eurozone’s debt crisis, but would also be economically positive. Never forget that ours is a civilization built on cheap supplies of commercial energy. The economic rise of emerging countries is bound to make the demand for commercial energy increase dramatically in the decades ahead. Gas matters. The increase demand for natural gas could shift world economic powers, OPEC and oil producing nations would lose their stature. Natural Gas is found all over the world including a huge new find by Israel.

 The US Energy Information Administration statesthat “the use of horizontal drilling in conjunction with hydraulic fracturing has greatly expanded the ability of producers to produce natural gas from low…

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SMIPP Ltd is a DG Independent Power Plant Private Joint Stock Company. 25-60 MW Gas Turbines Power Generators

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