Technology can help natural gas stay competitive | Financial Times

Technology can help natural gas stay competitive | Financial Times:

Natural gas is the fuel of the moment. Global demand has risen by 28 per cent over the past decade — and by 5.3 per cent in the past year alone, helped along by an 18 per cent increase in gas consumption in China.


Natural gas is flexible in contrast to large-scale nuclear power, cleaner in terms of emissions than coal, and readily available, thanks to both the shale revolution in the US and the development of the global trade in LNG — liquefied gas — transported around the world in huge tankers.

But will this golden age continue? There is no shortage of supply. In the US, the production of oil from shale rocks comes with growing volumes of associated gas.