Shale Gas Market 2014-2024: Expenditure Forecasts For Key Markets, Plays &The Prospects For Leading Companies
LONDON, June 15, 2015 /PRNewswire/ -- Report Details
Over the past few years the shale gas market has been largely confined to North America, with the USA and Canada the only countries to have achieved commercial production of shale gas. The USA pioneered the process of exploiting gas from shale rock using the dual technologies of horizontal drilling and hydraulic fracturing and has since undergone a 'shale gas revolution', with dramatic increases in production seen since 2007 and further production increases anticipated. Indeed, the EIA expects the US to soon become a net exporter of gas, with the country in the process of planning and constructing LNG terminals designed for the export of shale gas. Though Asia will be the primary demand market for this gas, Europe will also be keen to import gas from the US in order to reduce its dependence upon Russia.
Focus will remain on the US shale gas market in the build-up to first LNG exports, though there will also be increasing attention placed upon other nations who are beginning to invest in and exploit their shale gas resources. Most significant in terms of future spending on shale gas is China, where government-backed spending and targets are creating a high growth market. By 2020 the Chinese government have targeted for 30bcm of shale gas to be produced, which is a huge expansion from 2014 considering that commercial production is only just occurring. However, given China's sizeable shale gas resources, rapidly expanding energy needs and the government's desire to support the shale gas industry, this target is nor beyond the realms of possibility.
With an established shale gas industry in the USA and Canada, and growing markets in other nations such as Australia, Argentina, China and European countries, Visiongain has calculated that the shale gas market will see Capex of $41.43bn in 2014.
Why you should buy the Shale Gas Market 2014-2024: Expenditure Forecasts For Key Markets, Plays &The Prospects For Leading Companies
What are the future trends in the shale gas industry over the next ten years? Which national markets will prosper over the next ten years? Who are the leading companies in the shale gas market in 2014 and what is their market share? Visiongain's comprehensive analysis contains highly quantitative content delivering solid conclusions benefiting your analysis and illustrates new opportunities and potential revenue streams helping you to remain competitive. This definitive report will benefit your decision making and help to direct your future business strategy.
In this 167 page report, we guarantee that you will receive the following key information:
• View national capital expenditure forecasts, as well as analysis from 2014-2024 to keep your knowledge ahead of your competition and ensure you exploit key business opportunities
- The report provides detailed projections of capital expenditure in the shale gas market as a whole, within five nations and two regions, and within five major US shale gas plays, allowing you to more effectively understand and compete in the market. In addition to market forecasts from 2014-2024, our new study shows current market data, market shares, original critical analysis, and revealing insight into commercial developments and government strategies.
• Our report provides 121 tables, charts, and graphs analysing the shale gas market prospects
- Let our analysts present you with a thorough assessment of the current and future prospects of the shale gas industry. You will gain from our analyst's industry expertise, allowing you to demonstrate your authority on how the shale gas industry will develop and which countries stand to see most growth.
• See two exclusive expert opinion interviews. Be part of this knowledge. Learn what industry thought leaders are thinking. Leaders hold critical information
- By reading the full transcripts of our exclusive expert opinion interviews contained in the report you
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