Eastern Europe, Seeking Energy Security, Turns to Shale Gas - NYTimes.com - 0 views
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The industrial Lublin and Podlasie basins of southeastern Poland are becoming major attractions for global energy giants hoping to tap into new sources for Europe.
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“Shale can be a way to increase the region’s energy security, depending on what the results are of all these projects,” said Richard Morningstar, U.S special envoy for Eurasian energy, during a recent visit to Poland. “It is not a question of being independent from Russia. It is a question of having overall energy security.”
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The GeoForschungsZentrum or GFZ Institute, a German research center for geosciences in Potsdam, has estimated that Europe has 510 trillion cubic feet of shale gas, perhaps 5 percent of the world’s supply. Europe contains “prime targets for shale gas exploration,” the institute said. Those targets include Poland, Germany, Hungary, Romania and Turkey, all of which have received overtures from U.S. energy companies.
