Prime Cost of Ukrainian Shale Gas will be Attractive for Europe

The prime cost of shale gas, which can be produced in Ukraine, will be higher than in the U.S. but economically viable, expert of the Institute of Economic Policy EUROPEUM Olena Shultsova said during a press conference, ForUm correspondent reports.

"Yes, the prime cost of shale gas, which can be produced in Europe, particularly in Ukraine, will be higher than in the U.S., but it will be economically viable and very attractive for Europe," Shultsova said.

In her view, the key issue will be the time, during which the European countries will be able to start commercial production of shale gas. The expert recalled that it took only a few years in the U.S. 

This post originally appeared on en.for-ua.com