Full Title: Gasification a Driver to Stranded Resource Development
Author(s): Yuli Grigoryev
Publisher(s): Intech
Publication Date: January 1, 2012
Full Text: Download Resource
Description (excerpt):
When evaluating natural gas projects, stakeholders and decision-makers have been traditionally limited by the requirement for large reserves to be recoverable before any investment can be committed. Technological advancement and commercial know-how has unlocked many potential reserves that would technically be considered stranded or entirely overlooked by IOCs (International Oil Companies) and NOCs (National Oil Companies). This has important implications for policymakers as it can affect the way natural gas is utilised as an indigenous supply, an export resource or substitution fuel.
There have been some structural changes in the way the gas sector operates over the last decade. This has been an exciting time for market observers, as political, economic, financial and technical inputs have driven major changes in the industry.