Energy Market Reports - 0 views
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Bharatbookbureau MarketReport on 06 Jul 12NEW report style with enhanced analysis and speed-read summaries of key points throughout Murray Dormer, lead author of the report, commented that, "Capital expenditure of $169 billion is forecast in the next five years following a decline from 2009 to 2011. The decline was due to the onset of the global recession, as well as a number of facilities coming onstream or entering the final stages of construction. Overall, Capex will recover through the forecast period as a number of new projects enter the early construction phases. Increasing economic growth and demand for gas-fired power generation will see many regions increase their LNG consumption. This will be particularly important in the emerging economies of China and India. Liquefaction terminals are set to dominate project expenditure with a number of new players emerging in the export market including Angola, Canada and Papua New Guinea."