Lesson 8 - Natural Gas Flashcards
1
Q
How long will natural gas supplies last at current production levels?
A
70 years
2
Q
Why is natural gas considered a cleaner fossil fuel?
A
Virtually no sulphur dioxide
<50% CO2 released by other fossil fuels
3
Q
Roughly, what % of global energy consumption does NG account for?
A
25%
4
Q
How is demand projected to change?
A
Likely to increase
Many reserves still undiscovered
5
Q
Why is trade difficult?
A
Highly volatile
Transport difficulties
Pipeline costs
Investment commitments
6
Q
Who are the primary producers of NG?
A
US
Russia
