December 1999

Trends and Resources

HP Impact: HPImpact: Natural gas market share to rise in Asia

A new report investigates the increasing investment opportunities throughout Asia and the increased scope for further penetration by natural gas into the many energy markets. With continuing growth in..

Weirauch, Wendy, Hydrocarbon Processing Staff

A new report investigates the increasing investment opportunities throughout Asia and the increased scope for further penetration by natural gas into the many energy markets. With continuing growth in both power and industry and new markets in the residential and commercial sectors opening up, the study – from Financial Times Energy, London, UK – notes that "demand for natural gas is predicted to outstrip overall GDP growth." Europe's and North America's natural gas market is developed. Since 1984, production has had growth rates of between 1.5% and 1.9%. In contrast, production in Asia has grown 7.3% and consumption has risen 7.9%. Despite the market in Asia being in an e

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