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Two sides of the picture-I: Why didn't the
Jun 05: It is extremely difficult for policy makers to firm up a view on how gas will fare in an increasingly turbulent world.
8There are always two sides to the story.
8The IEA had predicted a golden age for gas in a report in 2011. In this report, Are We Entering a Golden Age of Gas?, supply and demand predictions were made in scenarios that showed a rapid expansion of natural gas usage, with global natural gas demand projected to increase dramatically by 2020.
8But the golden age did not really materialize.
8There were six main reasons why expectations were belied.
8We carry here a detailed analysis of what went wrong.
8Can the situation be retrieved?
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