Environmental Concerns Will Be The Key Challenge For Global Gas Shales Development by GlobalData

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									                Environmental Concerns Will Be The Key Challenge For
                          Global Gas Shales Development
       Reference Code: GDGE0664VPT                                                                                                         Publication Date: July 2011


       1         Table of Contents
       1 Table of Contents.................................................................1
        1.1 List of Tables .................................................................1
       2 Summary .............................................................................2
       3 Environmental Concerns Will Be The Key Challenge For
         Global Gas Shales Development .........................................2
        3.1 Gas Shales Have Boosted Global Natural Gas
             Reserves .......................................................................2
        3.2 Shale Gas Extraction Process – Potential
             Environmental Impacts ..................................................3
        3.3 Heightened Environmental Concerns Will Hamper
             Shale Gas Exploration and Production Worldwide ........3
       4 Appendix ..............................................................................4
        4.1 Methodology ..................................................................4
        4.2 Contact Us.....................................................................5
        4.3 Disclaimer......................................................................5

       1.1       List of Tables
       Table 1:       Natural Gas Reserves, Global, Proved Conventional
                      Natural Gas Reserves (tcf) and Recoverable Shale
                      Gas Reserves (tcf), 2010..........................................2




                                                                                                                                                     Market Analysis Alert
Environmental Concerns Will Be The Key Challenge For Global                                                                      GDGE0664VPT /Published JUL 2011 /Page 1
Gas Shales Development                                                                              © GlobalData. This report is a licensed product and is not to be photocopied
                                                                             Table 1:       Natural Gas Reserves, Global, Proved
       2      Summary                                                                       Conventional Natural Gas Reserves (tcf) and
                                                                                            Recoverable Shale Gas Reserves (tcf), 2010
       Shale gas development in the US has transformed the outlook
                                                                                                    Proved Conventional                      Technically
       of the global natural gas industry in last two years. The             Country                Natural Gas Reserves               Recoverable Shale
       successful development of shale gas in the US has led to                                                     (tcf)              Gas Reserves (tcf)
       exploration activities for shale in other regions of the world.       Algeria                                     127.6                         231.0
       Now, shale is considered an important energy source which has
                                                                             Argentina                                     9.8                         774.0
       potential to alter the global energy scenario. Global shale gas
       development activities slowed down recently as the shale gas          Australia                                    82.7                         396.0
       extraction process (fracking) recently came under criticism for       Bolivia                                       8.0                             48.0
       its alleged environmental effects. It has been claimed that the       Brazil                                       11.8                         226.0
       hydraulic fracturing process emits methane, a greenhouse gas
                                                                             Canada                                       48.9                         388.0
       (GHG). It is also claimed that fracking causes contamination of
       nearby ground-water.                                                  Chile                                        N.A.                             64.0
                                                                             China                                        79.5                       1,275.0
       Environmental concerns related to gas shale development have
                                                                             Colombia                                      3.5                             19.0
       forced many countries to postpone their shale gas operations.
       Government agencies have deferred operations for various              Denmark                                       1.5                             23.0
       shales until proper studies of the resources and the effects of       France                                       N.A.                         180.0
       fracking are conducted.                                               Germany                                       1.9                              8.0

       3      Environmental Concerns Will Be The                             India                                        41.1                             63.0

              Key Challenge For Global Gas Shales                            Libya                                        43.9                         290.0
              Development                                                    Lithuania                                    N.A.                              4.0
                                                                             Mauritania            
								
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