1,500 Tcf of natural gas is yet to be produced

摘要

The greatest challenge is to develop stranded gas at a cost low enough to justify the investment in the face of market risk. Globally, natural gas development is surging ahead, and several major projects are progressing. Fields such as Norway's Ormen Lange and India's Dhirubhai lead the big players, with many huge fields to follow, such as Russia's Kovykta and Shtokman and Australia's Jansz and Gorgon. With the upsurge of new production, is there any room to develop further stranded gas? The latest release of IHS's "World Petroleum Trends" suggests the answer to that question is "yes." The report indicates more than 1,500 Tcf of natural gas has been discovered, but is not yet in production.