TEHRAN Jan 10(Shana)–The secretary general of Gas Exporting Countries Forum (GECF) has said that the share of the gas in the next 20 years will increase from around 22% to 25% or 26% as the demand is rising due to economic growth and also due to the shift in the energy mix to coal from oil and coal.
“The areas, which you refer to like Australia and East Africa, projects are in fact not being completed on time. And there is also strong gas demand support due to policy changes in Japan,” he said.
Adeli also said that the US shale gas exports will be “minimal” although its production will continue to grow.
“Russia will continue to be a reliable supplier and it will address the financial problems with the EU (European Union) one way or the other. Europe needs Russian gas and Russia needs European market. Russians will do whatever it takes to show they are a reliable supplier.”
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