Oil & Gas Jounal: Paris Summit Urges Investment for Future Gas Supply

“Natural gas is ‘complementary to renewables’ and ‘a key part of the solution to climate change’ in the developing low-carbon global economy, said panelists at the recent 14th International Gas & Electricity Summit in Paris. . . . At the summit, consultant Poten & Partners Inc. released a specially prepared 4-year review of the LNG market that points to the worst economic downturn since the Great Depression colliding with a ‘tidal wave’ of new LNG supply. This has led to a vast reordering of the LNG market, but so far the market is in balance, said Poten & Partners.”