Energy Insights offers long-term gas market forecast in new free report Friday 16 October 2015 PDF Print The global gas industry is in a state of flux that could see a switch from over-supply to a serious shortage from 2022 onwards The global gas industry is in a state of flux that could see a switch from over-supply to a serious shortage from 2022 onwards – that’s according to McKinsey Energy Insights, whose Global Gas Outlook to 2030 is summarised in a newly available Executive Summary, free to download from today. The Summary, which provides an overview of gas market trends to 2030, includes a review of supply and demand dynamics by region as well as an assessment of the impact of unconventional vs conventional production. Available to download from gasoutlook2030.com it takes a short, medium and long-term perspective on the market, identifying four critical indicators to aid robust forecasting. Rembrandt Sutorius, General Manager responsible for the global gas service line at Energy Insights explains: “Predicting the gas market with any great certainty is a challenge – this year alone we’ve seen tumbling oil prices, a slowdown in the Chinese economy and the defrosting of international relations with Iran – incidents which are typical of the diverse drivers of change in the industry. “But by understanding the signposts of critical uncertainties such as these, it is possible to make decisions based on their potential impact on supply and demand dynamics long term. Should oil prices remain low long term, for example, the effects will be far-reaching – new gas production facilities will unlikely receive funding, while the cost of exporting gas will outweigh its market value – leading to market contraction and a shift towards regional divergence.” Energy Insights takes a unique analytics-based approach to energy market forecasting, combining sophisticated proprietary data and tools with the extensive market experience of the McKinsey team. Its detailed regional gas market forecast, alongside extensive in-depth analysis of the prospects for LNG are contained within the full Global Gas Outlook to 2030 report, which is available to purchase from Energy Insights here. For press enquiries, please contact: Justin Bambridge Justin_Bambridge@mckinsey.com This press release was distributed by ResponseSource Press Release Wire on behalf of McKinsey Energy Insights in the following categories: Business & Finance, Manufacturing, Engineering & Energy, Transport & Logistics, for more information visit http://pressreleasewire.responsesource.com/about.