FOCUS: UNCONVENTIONAL OIL & GAS – Deloitte: Pace of shale gas development won't be easy to repeat outside US

The progress of major shale gas developments outside North America is apt to lag the pace of the US shale gas revolution, according to a recent report from Deloitte analysts, who note that developers of US unconventional assets had advantages over their counterparts in Poland, China, and Argentina. "These countries still have a long road ahead before they can begin to see the gas volumes and supporting infrastructure needed to dramatically lower natural gas prices and create export opportunities," the report said. Deloitte Touche Tohmatsu Ltd. released the study—"Oil and Gas Reality Check 2013: A look at the top Issues facing the oil and gas sector"—on May 6. The study...

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