27/11/2013

Shale gas conquering Europe, too

Unconventional gas is rapidly growing in importance in Europe, with shale gas at the forefront. It is expected that between now and 2035 shale gas could account for about 45% of European gas production, which is the equivalent of 10% of total demand.

The largest future producers of shale gas in Europe are likely to be Poland, UK and Ukraine, while Germany and France will benefit from a reduced dependency on natural gas imports. Developing shale gas could also lower prices making industry more competitive and decrease the dependence on imported gas. [emp]

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