Middle East Economic Survey

VOL. LII

No 44

2-Nov-2009

Natural Gas Faces Demand Destruction This Year And Next, Says Booz Report

Significant demand destruction will occur in 2009 and perhaps also in 2010, setting back the international gas market by up to nine years, Booz & Company said in a report entitled An Unprecedented Market: How the Recession is Changing the Global Gas Market. A combination of the global economic recession, the completion of gas export infrastructure projects currently...