000 01671nab a2200205 4500
005 20260520002927.0
008 260224s2009 xxu
245 0 0 _aAn unprecedented market
260 _a
_b
_coct. 2009
270 _a30/08/2010 ; 30/08/2010
300 _a3 p. ; 14-16
520 _aTranscripción del resumen del autor. Due to the economic recession, for the first time in the history of international gas markets significant demand destruction will occur in 2009 and perhaps also in 2010, setting back the market by up to nine years, write Booz & Company’s Robert Oushoorn, Otto Waterlander, Thomas Schlaak and George Sarraf. Combined with the completion of gas export infrastructure projects currently under way, the reduced demand could lead to an oversupply in the market of 5% to 15% until well into the next decade. The implications for suppliers, buyers and infrastructure companies cannot be overstated. To reduce the risks of huge oversupply and concomitant price pressure, large incumbent suppliers have a strong incentive to manage supply through increased cooperation. Buyers must review their assumptions to take advantage of the current buyer’s market – for example, by joining together to access previously inaccessible sources of gas and spread the risk. Infrastructure providers may need to rethink their business models to take advantage of opportunities that may arise from changing trade flows.
581 _a753
773 0 _tPetroleum Review
_g63
942 _cARTICULO
100 1 _aWaterlander, Otto
_946716
100 1 _aSchlaak, Thomas
_944694
100 1 _aSarraf, George
_944693
999 _c176505
_d176505