The Discovery of Shale Gas in Argentina

Gas as Primary Feedstock

Total electricity production for Argentina in 2011 was 121,216 GWh. Of this total amount, 60.7% originated in thermal units, 32.4% in hydro power plants, and 4.9% in nuclear facilities. The remaining 2.0% was imported electricity. Argentina’s power mix sustained major changes between 2001 and 2011 as thermal energy leaped from 42.4% of the total electricity produced to 60.7%, which clearly illustrates Argentina’s dependency on thermally generated electricity.
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Monetization of Natural Gas

Natural gas reserves are increasing as the rate of new discovery is greater than the rate of consumption. The United States in particular, during the past five years, has increased natural gas production substantially by increasing shale gas development. This increased production has made natural gas more affordable in the U.S. From 2004 to 2008, natural gas price averaged around $7/MMBtu, with a peak of more than $12/MMBtu during the summers of 2005 and 2008. [Read more…]

North American Shale Infrastructure Opportunities Abound

We have all read the reports of the extensive quantities of shale gas—and, increasingly, shale oil and other related liquids—present in North America.  Merger and acquisition transactions, many of them “shale joint ventures,” have also been the subject of considerable reporting, all for good reasons.  But taking advantage of the shale gas, oil and other liquids being produced requires significant infrastructure investments throughout the energy value chain.  Many of the shale-related assets are located in parts of the United States and Canada that have relatively little energy infrastructure.  For example, historically, the Marcellus and Utica Shale regions in Pennsylvania, West Virginia, Ohio and other states have not been serviced by a network of gas processing facilities and related transportation pipelines.  Similarly, the Bakken Shale in North Dakota and surrounding states is not near an extensive network of crude oil pipelines or gas processing facilities.  Even the Eagle Ford Shale in parts of south Texas is generating significant infrastructure activity.
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