|
. | . |
|
by Daniel J. Graeber Berlin (UPI) Jul 7, 2013
Shale could eventually meet about 10 percent of the energy demand among European nations, European Energy Commissioner Gunther Oettinger said. Oettinger said companies with reservations about hydrualic fracturing, the controversial drilling practice dubbed fracking, should keep all options on the table. "I estimate that Europe has the potential to secure about a tenth of our needs this way in the long term," he said Sunday. Some countries in Eastern Europe are examining their shale natural gas potential. Other countries in Western Europe, however, have placed moratoriums on the controversial drilling practice. Shale efforts in Great Britain, meanwhile, are in their infancy. European leaders are looking for ways to break the Russian grip on the region's energy sector. Russia meets about 20 percent of Europe's demand for gas. Oettinger in May said members of the European Union should develop stronger energy partnerships to avoid falling victim to "political and commercial blackmail." Oettinger is a German politician aligned with Chancellor Angela Merkel. The German government estimates its shale gas potential at between 24 trillion and 81 trillion cubic feet.
Related Links All About Oil and Gas News at OilGasDaily.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service. |