Vestnik Kavkaza: BP - There Will Be No Shale Revolution in Europe

BP Group’s chief economist for Russia & CIS, Vladimir Drebentsov, said at the presentation of the Statistical Review of World Energy 2015 and projections to 2035 in Baku that Europe’s needs for gas imports are going to grow as its own gas production declines.

He stressed that a shale gas revolution in Europe will not happen. "Major shale gas production in Europe is expected in the UK. But it will not affect the overall picture," Trend cited BP's chief economist as saying.

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