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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
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

GAZPROM: SHALE GAS IN EUROPE
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

GAZPROM: SHALE GAS IN EUROPE
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

GAZPROM: SHALE GAS IN EUROPE
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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