US shale gas boom unlikely to cut prices in Asia

The cost of exports and domestic lobbying to keep the oil and gas at home will limit the benefits to consumers based outside the US, particularly in the short-term, panelists at an annual Credit Suisse conference argue.


The rapid development of shale gas in the US in the past five years has pushed the domestic market price of gas below the cost of production, but this is unlikely to benefit Asia much, according to Fereidun Fesharaki, chairman of Facts Global Energy, a company providing research and analysis to the oil and gas industry.

Speaking at the Credit Suisse Asian Investment Conference in Hong Kong this week, Fesharaki noted...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...