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    Kyiv Weekly: Daniel Yergin - Unconventionals in Ukraine

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Summary

According to Daniel Yergin, compared with other countries in the region Ukraine is at an early stage of assessing its reserves of shale gas and coal bed methane

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Press Notes

Kyiv Weekly: Daniel Yergin - Unconventionals in Ukraine

“Compared with other countries in the region Ukraine is at an early stage of assessing its reserves of shale gas and coal bed methane,” said IHS CERA Chairman Daniel Yergin.

“The analysis conducted by IHS CERA shows that Ukraine could have quite substantial reserves of alternative fuel. The main issues that have to be addressed are the potential volumes of production of such reserves and what will be the cost,” Daniel Yergin warned. 

“The experience of shale gas exploration in the U.S. points to the necessity of caution. It clearly shows that believing there are substantial resources without conducting a thorough inspection of this fact would have been a grave mistake.”  HERE