The world gas reserves will keep increasing for both conventional and nonconventional gas (i.e. shale gas). The world electricity production by source in 2018 was dominated by coal (38 %) and natural gas (23 %), while in South Africa more than 90 % of electricity is produced f...
Africa’s Current Natural Gas Landscape As detailed in Standard Bank’s recently released strategic discussion document, “South African Gas Optionality,” Africa holds natural gas in abundance, both onshore and off, accounting for more than 7% of the world’s proven natural gas reserves. While ...
Natural Gas Markets in the Middle East and North Africa The Middle East and North Africa (MENA) as a region accounts for around 40% of the world's proven gas reserves, yet only 10% of global supplies of gas are covered by MENA gas production. The potential for future expansion of the ...
In subject area:Engineering The Antrim shale, one of the largest unconventional natural gas reserves in North America, is a finely laminated, pyritic, organic matter-rich, thermally immature Devonian black shale located in the Michigan Basin in the northern part of Michigan State and is part of ...
A review on 2011 world natural gas industry development involves natural gas reserves,production,international trade,consumption and price are made.According to analysis,the characteristics of world natural gas industry in 2011 can be concluded as following:(1) gas industry was going back on the trac...
There is some disagreement on which country has the largest proven gas reserves. Sources that consider that Russia has by far the largest proven reserves include the US CIA (47.6 trillion cubic meters), the US Energy Information Administration (47.8 tcm), and OPEC (48.7 tcm). However, BP cre...
Non-conventional sources, such as shale gas, tight gas, and coalbed methane, are becoming increasingly significant in the CNG industry. These unconventional sources require techniques like horizontal drilling and hydraulic fracturing to extract natural gas from geological formations with shale gas reserves...
Reserves are defined as the remaining quantities of gas (or any petroleum) in known accumulations which can be commercially recovered from a given date forward [3, 4]. On the other hand, the EUR is an approximate quantity of gas that is potentially recoverable over the life of a well or...
prices stayed at high levels. High-demand growth and cold weather, plus inadequate gas reserves in storage, explain part of the problem. So does the inelastic short-term supply response to price. Later in 2001, gas prices declined because of the slowdown in the economy and milder temperatures...
enough to last more than 200 years at optimum production levels. The second-largest natural gas field is the South Pars Gas Field in Iranian waters in the Persian Gulf. It has estimated reserves between 8 and 14 trillion m3. Since the middle of the 1970s, world natural gas reserves have ...