21 January 2011, 07:18

Enough natural gas for 250 years - Energy Agency

Enough natural gas for 250 years - Energy Agency

World natural gas reserves will last for the next 250 years. This estimate was voiced by the International Energy Agency. The report notes that the latest technology for extraction of shale gas significantly increases opportunitities for the gas industry.

World natural gas reserves will last for the next 250 years. This estimate was voiced by the International Energy Agency. The report notes that the latest technology for extraction of shale gas significantly increases opportunitities for the gas industry.

If the current classical natural gas reserves will last for at least 130 years of consumption, the introduction of shale gas reserves extends this period to 250-260 years.

Among the countries that are actively moving towards the development of shale gas, the agency named Australia, India, China and Indonesia.

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