BCC: World gas demand to reach 116.9 tcf in 2008

04/12/2004
Natural gas utilization is expected to increase at an average annual growth rate (AAGR) of 2.4% to 116.91 tcf in 2008, forecast Business Communications Co. Inc. (BCC), Norwalk, Conn.In a report entitled "The World Natural Gas Business," BCC identified three key categories in the world natural gas business chain: unconventional, LNG, and conventional. Click here to enlarge imageConventional natural gas represents the biggest category, includes natural gas produced in noncontinuous reservoirs, and can be either associated or nonassociated."With the rapid buildup in global gas-fired power generation capacity hinging on future natural gas availability, governments and companies must grapple...
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