«Eastern Siberia Oil & Gas Conference»
... issue of export and the local base is key as it will decided the end price. Unless Russia offsets the cost for gas from the current $400 per 1000 cubic meters, it could begin to lose market share... ... not changed in the last decade. The decision must be well calculated, yet quick, as USA has almost achieved independence from energy imports due to shale which could supply North America, Australian shale could... ... off-shore shale potential, Middle East could make a stable return to supply Europe and if China gets the technological means it may mine its shale reserves which are the biggest...