SHELL SEES RISING GAS DEMAND IN WESTERN EUROPE

Gas consumption in western Europe could grow by 50% from current levels to reach 16 tcf/year by 2010. Meeting this increasing demand will inevitably impose upward pressure on prices, says Roland Williams, managing director of Shell International Gas Ltd. Williams told a London conference of the Association of International Petroleum Negotiators there is growth potential in every sector of the European gas market. Less than two thirds of the gas consumed in western Europe is produced there.

Nov 29th, 1993
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