Shale gas in Europe: Reserves, production, and perspectives

Abstract

The history of the commercial shale gas production in Europe is not long. But still the issue of shale gas production is in the focus of attention in many European countries. On the one hand, this is connected with the tougher competition among the countries exporting natural gas and, on the other hand, with the endeavors of many gas-importing countries to diversify the sources of hydrocarbons and at the same time to purchase them at a lower price.