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An alternative energy for EU, Turkey

Staff writer ▼ | August 4, 2014
Untapped shale gas reservoirs are considered an alternative energy source for import-dependent countries in the EU and Turkey, but geographical challenges and technology shortage are the main setbacks.
Shale gas
Shale gas   Geographical challenges and technology shortage
The natural gas crisis between Russia and Ukraine has pushed many European countries to review their dependency on Russian gas. As an alternative to natural gas, the exploration of shale gas has recently become a hot topic of discussion. Turkey, which meets 90 percent of its natural gas requirement through import, is among the countries that have shale gas reservoirs.

Even though the shale gas reservoirs in Turkey have not yet been commercialized due to extraction costs and a technological shortage, they will be quite important for Turkey in the future.

At the beginning of July, the European Commissioner for Energy said that Europe has the potential to satisfy 10 percent of its energy requirement through shale gas and underlined that thanks to this potential, Europe can reduce its dependency on Russia.


 

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