MNI BRIEF: Dissent To June ECB Cut Highlights Inflation Risks - Accounts

MNI INTERVIEW2: New UK Govt's Growth Boost Little Help For OBR Projections

MNI China Daily Summary: Thursday, July 4

MNI BRIEF: China Has Four Months To Negotiate EU EV Agreement

MNI: PBOC Net Drains CNY98 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1305 Thurs; -0.79% Y/Y

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

Factory Orders Decline as Non-EU Orders Dip

DMP survey increases probability of August cut

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Growing Shale Production Costs to Influence LNG Price: Gazprom

LNG

The rising costs of Shale gas production in the coming years will have a knock-on effect in boosting global LNG prices, Gazprom said as reported by TASS.

  • "The US anticipates either an increase [in costs] or a significant drop in volumes of shale gas in long-term forecasts of the shale industry development in the country,” TASS quoted Gazprom as saying.
  • "The rise in production costs will drive in particular the price of LNG, where shale gas is used to produce it," Gazprom added.
  • Gazprom said that the factors driving the rise in shale gas costs will be inflation, depletion of brownfield and lack of greenfield sites, and little potential for additional technological improvement to boost production efficiency.
  • Shale gas is currently produced in China, Argentina, the USA, and Canada.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.