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Natural Gas

New natural gas discovery in Australia

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Chevron offshore Australia discovery

  I have just picked up this news on a new natural gas discovery off the coast of Western Australia. The idea is for the gas to be cooled in order to liquefy it. They do not state the volume of this discovery but the text at the top of the figure states that 21…

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A supply model for crude oil and natural gas in the Middle East

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Publication date: 2007-04-01 First Published in: Energy Policy Authors: R. Chedid et al Abstract: Crude oil (CO) and natural gas (NG) play an important role in the world economy. The Arab countries (ACs) share 64% of the total oil reserves and 40% of the NG reserves. On the production side, AC’s contribute to 30% and…

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An assessment of oil supply and its implications for future prices

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Publication date: 1998-06-01 First Published in: Natural Resources Research Authors: D.J. Santini Abstract: This paper examines three issues related to both the U.S. and world oil supply: (1) the nature of the long-term, post-peak production profile for the U.S. and, by inference, other regions (the Hubbert curve is used as a “strawman” model); (2) implications…

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Multicyclic Hubbert model shows global conventional gas output peaking in 2019

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Publication date: 2004-08-16 First published in: Oil and Gas Journal Authors: A. Imam et al. Abstract: A new, multicyclic approach to modeling future global production of natural gas reaffirms an outlook for growing dependence of Western nations on the Middle East and Russia for their supply as global conventional gas output peaks in the next…

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Putin: Cheap gas era is over

in Non-Renewable Energy by
gas flaring offshore rig

The era of cheap gas is coming to an end, Russia’s Prime Minister Vladimir Putin has told ministers from the world’s major gas-exporting countries. The Gas Exporting Countries Forum (GECF) meeting in Moscow has agreed a charter and plans for a permanent base. “A new organisation has been born today, said Russian Energy Minister Sergei…

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