Presenting The Full Picture: Oil & Gas - Reserves Measurement And Reporting In The 21st Century

Topics:
Petroleum and Gas
Tags:
Deloitte Touche Tohmatsu,
Natural Gas,
Natural Gas Production,
Oil & Gas,
Telecom & Utilities
Source:
Deloitte Touche Tohmatsu

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Overview: Strong oil demand growth, coupled with the tightest oil supplies in over 25 years, caused oil prices to surge upwards, averaging almost $40 a barrel. Natural gas production declines in the US, and linkage to oil prices in Western Europe, led to higher natural gas prices and heightened the awareness that much more gas must be piped or shipped over much longer distances in the coming years. Against this backdrop of higher oil and gas prices and tight oil and gas supplies, there was renewed anxiety about political instability in some of the key producer countries and the related vulnerability to short term supply disruptions.

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Format: PDF | Size: 235KB | Date: Oct 2005 | Pages: 6

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