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Commodities Briefing - Categorized | Energy, Market Moves, Oil more

Gas in the ‘Golden Age’, says IEA, but cuts forecast

Posted on 21 June 2013

The International Energy Agency said yesterday that natural gas was enjoying “a golden age” even if the growth in output over the next five years will be a lower-than-expected 2.4% instead of 2.7% forecast earlier.
The IEA’s Medium-Term Gas Market Report pointed out that shale discoveries in North America and China’s attempts to ease its reliance on polluting coal were boosting the relatively clean energy resource’s prospects………………………………………..Full Article: Source

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