La Polonia sarà meno dipendente dal gas fornito dalla Russia con il rafforzamento della propria rete e potenziando lo sfruttamento delle risorse di shale gas. È il primo ministro di Varsavia ad affermarlo, guardando alla crisi Ucraina e chiedendo all’Unione europea di fare qualcosa di più per «garantire forniture sicure agli Stati membri». «Oggi possiamo dire che la Polonia è sufficientemente indipendente nell’approvvigionamento di gas. Non dovremo più sopportare alcun ricatto», ha spiegato Donald Tusk.Read More
U.S. efforts to speed natural gas exports as a way to loosen Russia’s grip on European energy supplies may be thwarted by lengthy reviews and developer reluctance to proceed with multibillion-dollar projects. Russia’s military escalation in Ukraine is spurring calls in Congress for quick U.S. approval of plans to export liquefied natural gas from plants owned by companies including Cheniere Energy Inc. (LNG), Dominion Resources Inc. and Sempra Energy. (SRE) Russia provides 30 percent of Europe’s gas needs using pipelines that cross Ukraine.Read More
Westminster will on Wednesday be urged to back fracking and “get behind natural gas from shale” in a letter to the Financial Times signed by 25 economists. The exploitation of shale gas is still in its early stages in the UK but it has already prompted a heated national debate, with strong local resistance in some areas where exploration has already taken place.
Opponents of fracking believe the process – which involves injecting a mix of water, sand and chemicals underground at high pressure to create fractures in the rock and release the oil and gas trapped inside – can pollute groundwater and trigger earthquakes.
There are also concerns shale gas production can increase greenhouse gas emissions and put local infrastructure under strain, particularly in rural areas.
But David Cameron has thrown his weight behind shale gas, arguing that it has the potential to lift the British economy and make the nation less reliant on unpredictable foreign sources of oil and gas.
The economists, who include Roger Bootle of Capital Economics, Patrick Minford of Cardiff Business School and David Bell of the University of Stirling, argue that shale gas from Lancashire could present significant opportunities for the country.
In their letter, which was organised by the North West Energy Task Force, a pro-fracking group, said shale gas exploitation could create thousands of jobs, ease the pressure on manufacturers, generate export-led growth and boost tax revenues.
Bob Rothschild, professor of economics at Lancaster University, said there were many “compelling arguments” in favour of shale gas. “There are many arguments from an economic point of view for developing this technology,” he said. “The British economy and the northwest in particular could benefit hugely.”
Prof Rothschild said there was the potential for lower energy prices if Britain followed the example of the US, where a boom in shale gas has transformed the energy market.
Glauco De Vita, a professor of economics at Oxford Brookes business school, said he wanted to see more research into the risks associated with fracking technology.
With that caveat, however, he wanted to see Britain exploit the opportunities to produce more gas domestically.
“The responsible development of natural gas from Lancashire’s shale presents a significant opportunity also to boost tax revenues for much-needed investment in north west regions’ public services,” he said.
It comes just weeks after Mr Cameron said his government was “going all out for shale”, announcing that councils would be able to keep any business rates generated by fracking.
The prime minister has also promised that drilling companies will pay a lump sum of £100,000 when a test well is fracked, plus 1 per cent of revenues from any site.
In Texas it takes seven days to get permission to use hydraulic fracturing to drill for oil and gas. In the U.K. the wait is six months. That difference helps explain why David Cameron’s dream of a fracking boom in the U.K., where there may be enough shale gas to meet the country’s demand for decades, has been slow to take shape. Britain under Cameron’s Conservative-led government is more pro-shale than anywhere in the European Union bar Poland.Read More
Unless you have been in hibernation for the past few years you will have heard that there is a shale hydrocarbon “revolution” or “miracle” under way. Barack Obama, the US president, pledged support for shale gas development in his 2012 State of the Union speech. David Cameron has urged opponents of fracking to “get on board”. “Fracking” has passed into the vernacular. The term was added to the Oxford English Dictionary last June.Read More