Uncertainties plague global gas industry

Growing nationalism in major gas producing countries, lack of progress on key pipeline projects in Asia and uncertainties surrounding gas-handling and internal transmission issues in China and India overall paint a disturbing picture for the global natural gas industry.

Increasing intervention of the Russian government in gas production and export is a cause of concern (especially as the country sits on the world’s largest proven reserves), warned a UK-based energy expert addressing the concluding session of the 12th Middle East Gas Summit here yesterday.
MENAFN