woodside tips lng demand spike in china & indi

WOODISDE Petroleum chief executive Peter Coleman said today demand for liquefied natural gas in China and India may rise SIX-FOLD by 2025.

Not one or two fold, it may be SIX-FOLD..!
only in 14 years..!

Not possible with the current resources. Because it takes 5-10 years to develop a conventional gas field. And there is not much conventional gas resources to explore around the world atm.

The current conventional supply resources can not meet this huge demand. It should be met by the unconventional resources. That's for sure. And that is going to come from the shale and tight gas!

This is why some institutional investors are desperately trying to buy in NSE at 30c mark. There is a huge upside potential here. (I am saying "potential", it is not certain of course. If you are happy to take the risk like me, go ahead!). As you know US has already unlocked its shale gas resources. Now they are trying to unlock their shale oil resources. There is an shale oil boom in many cities like around Texas and North Dakota. (just have a look at YouTube)

Source: Click here

"WOODISDE Petroleum chief executive Peter Coleman said today demand for liquefied natural gas in China and India may rise six-fold by 2025.

The consumption jump, stemming from Asia increasing its reliance on cleaner energy sources, is driving a boom in Australian LNG production, Mr Coleman said today at the Commonwealth Business Forum in Perth."