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Friday, May 25, 2012

Turkey Joins the Shale Gas "Revolution" - Al-Monitor: the Pulse of the Middle East

Turkey Joins the Shale Gas "Revolution"

By: Mehmet Nayir posted on Thursday, May 24, 2012

The US has become an exporter of gas due to its ample shale gas reserves. It now represents a threat to the globes largest natural gas exporter, Russia. Russia’s leading Sberbank warned Gazprom that with the US revolution in gas, prices are likely to decline by 50 percent over the next four years.

More:Turkey Joins the Shale Gas "Revolution" - Al-Monitor: the Pulse of the Middle East