Interview  |  20 June 2011

Message from the International Gas Union to European policymakers:

Let's get serious (about gas)!

By Reiner Gatermann

The 'golden age' for gas that the International Energy Agency is predicting for the world, certainly looks to be coming true in Europe. Long-term demand looks set to rise as a result of various factors: the nuclear rethink in Germany and elsewhere, the need for companies and countries to substitute coal and oil for lower-carbon gas, and the fact that gas-fired power stations are flexible and do not present major public acceptance issues. At the same time, long-term supply looks more secure than it has in a long time. Norway is opening up new acreage for exploitation, Russia and the Caspian countries are eager to export their gas to Europe in newly to be built pipelines, more and more LNG is coming to Europe - and then of course there is the promise of a shale gas boom beyond 2020.

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