Cheap Gas Return

There are several reasons why the observer looks cautiously to the current prices of natural gas and liquefied natural gas, because all of the events and global developments and successive energy clearly indicate that the era of cheap gas is going to return, and following are some causes for this: 1 - sharpen environmental legislation regarding emissions and cap-and-trade legislation laws and tax increases. Will this law package to asceticism in the largest producer of coal and the use of carbon gas less fossil energy sources production of carbon, that were revised in Table 1. 2 - The decay of the role of nuclear energy as a source for generating energy, particularly after the Japan disaster, Chernobyl, and the following manner: - Increasing safety factors which will lead to increased costs. B - Short life of nuclear reactors does not even thermal and cause disasters. T - Not to move forward in the establishment of many of the reactors to be established in many countries and replaced with safer sources. 3 - Consumption growth of China and India for natural gas. It was China's consumption of about half the energy consumption of the United States in 2000. However, the demand for energy in China has seen in recent years a very significant growth exceeded 10 per cent a year in some cases, in order to meet the demands of its growing economy. It should be noted that the growth in demand for energy in China has played an active role in supporting the global prices of oil and liquefied natural gas (LNG) over the past period. Now China has become the largest energy consumer in the world, beating the United States, and is scheduled to grow the share of gas of the total energy consumed in China from 3.8 per cent in 2008 to 8.3 per cent in 2015. According to competent sources, China's consumption of natural gas will increase from 85 billion cubic meters in 2008 to 634 billion cubic meters in 2035, an annual increase of about 8 per cent. As well as Indian consumption will increase by about 6.5 per cent annually for the same period to reach 234 billion cubic meters.