Natural gas will fast become the fossil fuel of choice to complement renewable energy for the foreseeable future, after long being regarded as merely a step on the way to a greener energy mix.
Especially in electricity generation, natural gas has so far stood in competition with coal-fired and nuclear production.
But coal's high carbon emission levels have reduced its market allure, while the crisis at Japan's Fukushima plant following an earthquake in March has put a serious dent in the prospects for global nuclear power generation.
At the same time, new technologies in extracting gas have sharply raised reserve forecasts, and it emits less carbon and is not as potentially dangerous as nuclear power.
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