02.12.2010 - IEA sees natural gas oversupply but price hike
From Reuters: A natural gas oversupply will extend into the coming 10 years but prices will rise, supported by growing demand from China and the Middle East and retirement of coal generating facilities worldwide, the International Energy Agency's chief economist Fatih Birol said on Wednesday. Natural gas prices will rise to $7 per million British thermal units (MMBTU) by 2015, Birol said in a conference call organized by Credit Suisse on the agency's World Energy Outlook..............................................Full Article: Source
Print