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Title: Western Europe And The International Natural Gas Trade
Author: Burckhard Bergmann
Source: American Gas Association 1981
Year Published: 1981
Abstract: Natural gas is today one of the three mainstays of energy supplies both in Western Europe and in the United States. On both continents, three factors have been crucial in the history of this fuel. These three factors are: natural gas reserves, overall energy demand and pricing. The natural gas industry in Western Europe is considerably younger than in the United States and has never assumed U.S. proportions. While the exploitation of natural gas reserves in the United Slates for local use began as early as the second half of the I9th century, and long distance pipelines canje into use many decades ago, natural gas has only been used on a large scale in Western Europe since the late 1950s. Due to the large size of proven U.S. natural gas reserves, domestic production has covered a much larger part of energy demand in the United States than in Western Europe. In the U.S., natural gas supplies some 25 percent of all primary energy and has been over 30 percent, while the share of natural gas in Western Europe is still rising and reached a level of approximately 15 percent in 1980 (cf, Figure 1).




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