Monday, 8 February 2016

World Energy Council to launch Shale Gas Report at the Africa Gas Forum next week 8th February 2016


World Energy Council to launch Shale Gas Report at the Africa Gas Forum next week 8th February 2016In 2016, the role of natural gas in the global energy mix appears uncertain. The so called "Golden Age of Gas" is no longer in sight. Economic, geopolitical, and policy constraints have slowed demand growth in Asia and led to a decline in demand in Europe. On the other hand, suppliers in Australia, the Middle East, Africa, and North America who bet on old forecasts for Asian demand growth are bringing plenty of new supplies to the market.


Africa’s oil and gas potential is expected to grow significantly over the next two decades.  Africa is endowed with natural resources that are changing the global energy landscape with six of the top 10 global discoveries in the oil and gas sector in 2013 being made in Africa. However, Africa’s gas prospects have to viewed in the context of global gas markets.

The World Energy Council Shale Gas Report, entitled "World Energy Resources - Unconventional gas, a global phenomenon" will be launched by the Secretary General of the World Energy Council, Christoph Frei, during Africa Energy Indaba’s Africa Gas Forum on Monday 15th February. Read more....

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