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    The Engineer: Developing the potential for shale gas in Western Europe

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Summary

Europe needs a fundamental reform of its current gas market model. If not, the continent risks losing out on its shale gas potential

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Press Notes

The Engineer: Developing the potential for shale gas in Western Europe

The recent announcement of a large discovery in Lancashire is the most significant development so far in the burgeoning European shale-gas industry. Recently, oil industry publications reported the existence of a ‘world-class shale-gas play’ in the Basque country in northern Spain. However, Europe cannot emulate North America’s shale-gas revolution unless it profoundly amends the rules that govern its defective natural-gas transportation market.  MORE