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제목 [The Korea Herald] U.S. shale gas boom to change Asian market 2013.11.13

출처: The Korea Herald



[The Korea Herald - Nov. 13, 2013] 

U.S. shale gas boom to change Asian market

Shale gas revolution will lower price of LNG exports to Asia, says WEC cochair Kim

 


World Energy Council cochair Younghoon David Kim (center) speaks at a press conference at a Seoul hotel on Tuesday. (Daesung Group)


The shale gas boom in the U.S. will eventually turn Asia’s natural gas market from the current seller’s market to a buyer’s market, London-based World Energy Council cochair Younghoon David Kim said Tuesday.

“Leading gas sellers, including Russia, Australia and Malaysia, have started feeling the pinch as the U.S., once a gas buyer, is transitioning into a gas provider thanks to the recent shale gas boom,’’ Kim, who also leads Daesung Group, a Korean city-gas-driven energy conglomerate, said in a news conference.

(Omissions)


By Seo Jee-yeon jyseo@heraldcorp.com



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