The New Geopolitics of Natural Gas

About this book

This book examines the geopolitical implications of the transforming global gas markets. Formerly a local and regional resource, gas is on the cusp of becoming a global commodity. Global LNG trade is rising and interconnections between previously isolated gas markets and gas pipeline infrastructure are growing, reducing the political and commercial influence of traditional gas suppliers such as Russia. The United States shale boom has unlocked vast gas reserves and transformed the country into a global leader in oil and gas production. Now poised to become a significant gas exporter, the United States could unseat Russia from its position of energy influence over European and Eurasian markets.--