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Deloitte: Shale gas won't sideline LNG, conventional supplies
05/30/2011
Nick SnowWashington EditorNatural gas from previously inaccessible shale formations has changed the global supply outlook. Development and production of these supplies won't necessarily make conventional or LNG uncompetitive, experts indicated during the Deloitte 2011 Energy Conference's opening day on May 19.Attendees also were urged not to get caught up in euphoria over shale gas's supply potential. Much more is involved than simply recovering it, said Marc S. Lipschultz, global head of energy and infrastructure at Kohlberg, Kravis, Roberts & Co. "Public perceptions absolutely are the front-end problem of this industry," he observed, adding that it's the industry's respons...
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