BG raises gas production targets amid reports of 'glut'

BG, the fast-growing oil and gas exploration company, dismissed predictions of a "global gas glut" as the group raised its production targets, sending shares to an all time high.
Chief executive Frank Chapman said that the International Energy Agency was "on its own" in its "conservative views" after it predicted in November that a surge in "unconventional" gas production such as from shale this decade would lead to lower prices and unused pipeline and liquid gas transportation capacity.
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Source: The Guardian