Russia and Ukraine Have Significant Shale Gas Reserves, says EIA Report

Russia and Ukraine rise higher in the European ranking for technically recoverable shale gas resources, according to the report released on Monday by the US government’s Energy Information Administration (EIA).

The new report presents fresh estimates on 95 basins in 41 countries, taking into consideration 47 new basins and 9 countries not analysed in the 2011 report. Russia is one of those countries.

According to the new estimates, ccording to the new estimates, Russia is the European country with the largest shale gas (285 tcf), followed by Poland with 148 tcf, France with 137 tcf and Ukraine with 128 tcf.

Shale gas resource estimates for Poland, France and Norway were revised lower due to better data on basins and the elimination of speculative areas.