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2014-08-14 18:00:00

GAZPROM: SHALE GAS IN EUROPE

GAZPROM: SHALE GAS IN EUROPE

Shale gas production in Europe could be possible in Europe not earlier than in 2016-2018, Gazprom said in a quarterly report released on Wednesday.

"Commercial shale gas production in Europe can begin not earlier than in 2016-2018 even with positive geological surveys. But production volumes will not bring about major changes in the European gas market due to a decline in conventional gas production," the report said.

Great Britain pins great hopes on its Bowland Basin, but geological prospecting for shale gas there has so far failed to produce positive results and has been complicated by public protests and closeness to major cities such as Liverpool, Leeds and Manchester.

naturalgaseurope.com

Tags: GAZPROM, GAS, SHALE, EUROPE

Chronicle:

GAZPROM: SHALE GAS IN EUROPE
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GAZPROM: SHALE GAS IN EUROPE
2017, December, 18, 12:15:00

EXXON - PETROBRAS ALLIANCE

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GAZPROM: SHALE GAS IN EUROPE
2017, December, 18, 12:10:00

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GAZPROM: SHALE GAS IN EUROPE
2017, December, 18, 12:05:00

U.S. RIGS DOWN 1 TO 930

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