BMI View: Denmark is hoping to avoid becoming an oil and gas importer for another few years, despite declining production. The government is confident the country will sustain its position as a net exporter of oil and gas until the end of the decade, with some recovery in volumes likely over the medium term. Over the longer term, shale gas could play an important role in boosting supply, but environmental concerns may slow the rate of progress. The main trends and developments in Denmark’s oil & gas sector are: ? Danish consumption of natural gas was 3.7bcm in 2012, compared …
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