Can Unconventional Gas be a Game Changer in European Gas Markets?

Although unconventional gas development will not be a game changer for European gas markets overall it could have a significant impact in individual countries although probably not this decade. Florence Gény’s study argues that much more stringent European environmental standards difficulties of access to land and fresh water and lack of incentives for landowners to allow companies to drill will require a completely different business model for unconventional gas development in Europe compared to what has been seen in the US. Although the impact could be greater in Poland and Germany overall it would be surprising if unconventional gas provided more than 5% of European gas demand before the early 2020s.

By: Florence Gény

Latest Tweets from @OxfordEnergy

  • 'US shale fastest to respond to oil price decline' B Fattouh presents on oil market dynamics @SydbankDK Copenhagen https://t.co/wYTitToNkP

    August 26th

  • Figure from a new OIES study on Russia-China energy relations https://t.co/mnJ1cRVVnK https://t.co/VwbVzdjpnw

    August 22nd

  • .@katyafimava Polish objection may well not be last hurdle that #Nordstream2 would have to overcome @AAEnergyNews https://t.co/UBbQ5O3IQm

    August 19th

Sign up for our Newsletter

Register your email address here and we will send you notification of new publications, comment, articles etc. automatically.