The natural gas industry is an important segment of the global economy. Natural gas is a major energy source used mostly in power plants (40%), followed closely by energy-intensive industries, and residential and commercial consumers. The natural gas industry is extracting increasing quantities of gas from challenging, unconventional resource types such as sour gas, tight gas, shale gas, and coalbed methane.
As the industry undergoes significant transformation, these unconventional sources along with pipeline safety, increasing reliance on gas-fired generation, the strategic importance of regulatory relationships, and more are creating an environment very different from the recent past. For example, the price cap on Russian oil is expected to continue for some time. Reduced European imports of Natural gas from Russia is re-shaping the supply and demand with new alternative suppliers from around the world. There is a call for windfall taxes on natural gas producers to increase revenue and tackle climate change. Finally, Natural Gas supply and demand is expected to continue to grow: An increase in demand is forseen in Asia while supply is also expected to increase as new sources are discovered developed.
ScottMadden’s consultants for natural gas companies help address challenges like aging infrastructure, declining returns, and ongoing cost control pressure, while continuing to deliver significant shareholder value. Our natural gas consultants help businesses navigate the energy markets as they face broad, new avenues of opportunity from the advent of shale and other unconventional types of gas.
Sussex Economic Advisors is now part of ScottMadden. We invite you to learn more about our expanded firm. Please use the Contact Us form to request additional information.
