The Last Barrel ///

During mid-October, a significant natural gas conference and exhibition, Gastech, was held in London. In discussing all natural gas sectors, Gastech had several undercurrents running through it. The first theme was that Western European companies and government could not hide their enthusiasm about tapping new gas supplies in places other than Russia. Thus, the second theme, not surprisingly, is that the Russians came into this conference, feeling that Western Europe doesn’t fully appreciate them. The third theme, is that there was not a lot of enthusiasm about the U.S. becoming a natural gas exporter, even in the longer term.

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