Gas Investing News » Arctic region to hold 30% of undiscovered gas, strengthening Russia

Arctic region to hold 30% of undiscovered gas, strengthening Russia

May 29, 2009 @ 5:30 am In Gas Market News

The Arctic region announced that it may hold enough natural gas to meet current global demand for 14 years and most of it belongs to Russia, which could accentuate the country's dominant role in the industry, U.S. geologists said.

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[1] here: http://www.bloomberg.com/apps/news?pid=20601082&sid=a56H5gFvQZQE&refer=canada