US Gulf LPG exports reborn Taken from: LNG World Shipping /LPG 2012
The biggest ‘game-changer’ in the global energy market is currently US shale gas. The ability to release hydrocarbons from a number of large underground shale formations throughout the US is easing the country’s reliance on what had been a worrying increase in oil and gas imports.
Shale gas now accounts for one-quarter of US natural gas production and output is rising. The country’s natural gas reserves have been boosted from about 900 trillion cubic feet (tcf) in 2000 t....Please login to read the rest of this story
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