2013年8月8日星期四

European shale gas will enjoy the feast in Algeria

European shale gas boom could be expected Sahara. Various environmental regulations and disappointing drilling results of the European shale gas development is suppressed,fracturing proppant then the use of tax incentives to encourage Algeria shale gas development.
Leading to the Spanish and Italian Mediterranean pipeline has Africa's largest gas exporter and the European energy grid piece.
Algeria is working with Exxon Mobil Corporation discuss shale gas development. Eni group, Royal Dutch Shell and Talisman Energy Inc. and Algeria have signed a shale gas development agreement is expected within weeks, Congress will approve the shale drilling tax incentives.
The IEA estimates that Algeria recoverable shale gas  reserves of 231 trillion cubic feet, enough to use for ten years throughout the EU, according to the current total value of British Gas prices $ 2.6 trillion. If possible, increase in production in North Africa will be more than one choice in Europe, not the United States import price of natural gas prices three times the Russian gas.
European efforts to develop domestic shale gas stagnation. French parliament on fracking say, fear of drinking water contamination. Britain suspended shale gas exploration, drilling and seismic surveys by scientists have linked. Polish government hopes to develop shale gas in order to get rid of dependence on Russian energy, but the initial drilling results have been disappointing.
Open desert in Algeria shale gas risk is substantially reduced. Eni group has begun exploratory shale gas  Hydraulic fracturing   Talisman and Shell quickly hit exploratory drilling program. The next 20 years, Algeria shale gas can be used to promote the sale of natural gas production doubled to 160 billion cubic meters per year, exports in 2030 up to 1100 billion cubic meters.
Development of shale gas in the United States has become the largest producer of natural gas, natural gas prices declined compared to 2009 peak of more than 70%.

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