Montreal Gazette: Hadekel: Natural gas could reshape global energy landscape

New innovations in the extraction of natural gas, particularly from shale, have dramatically increased world reserves. Now it looks like a long-term boom in both the supply and demand for natural gas could reshape the global energy landscape.

Pierre Fournier, analyst at National Bank Financial, points to several trends, such as the increasing transportation of liquefied natural gas (LNG), growing demand for gas in both China and India and the worldwide expansion of infrastructure for drilling and pipelines.

Recent developments seem to strengthen the case for gas, including the current instability in the Middle East, which could drive countries to diversify away from oil.
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