Ukraine Claims Largest Shale Prospects in Europe

Ukraine has Europe's largest reserves of shale gas in Europe, according to owned Nadra Ukrainy as reported by the UNIAN agency.

The volume of existing fields within Ukraine, was not specified.

Ukraine plans to attract foreign investors to explore and develop their fields. Opportunities in the Ukrainian gas sector have already been presented at the conference World Shale Gas-2010 in the United States.

It was previously reported that large reserves of shale gas were located in Poland. According to the company Wood Mackenzie, Poland could contain 1.36 trillion cubic meters of gas.

If this estimate is proven to be true, the total reserves of gas in the EU would increase immediately by 47 percent.

Source: Promes.org