Oxford Analytica – Middle East aims to mitigate US shale gas impact

Over the next few decades, US shale gas production is predicted to transform the global energy market radically. Technological breakthroughs in horizontal drilling and hydraulic fracturing have made complex gas reservoirs economically feasible to exploit. US shale gas exports will directly compete with liquefied natural gas (LNG) exports from the Middle East and could even undermine regional downstream diversification by the 2020s.

via Oxford Analytica – Middle East aims to mitigate US shale gas impact.