European restrictions on fracturing ，shale gas is not yet mined
Boao Forum for Asia 2013 Annual Meeting held in Hainan, at the “shale gas revolution” sub-forum, Total Group Executive Vice President Dai said Cree, in Europe due to the fracturing restrictions, including France and other countries no shale gas mining, this does not mean that European shale gas potential.
He said, must take to assess the local geological structure, have to decide which the exploitation of shale gas is not economic feasibility.Whether there is the possibility of exploitation of shale gas in Europe, he said, unless the European parties agree, do some pilot projects, or do not know that these resources can be counted as the exploitation of resources for the Total Group.
Frank Ingriselli: I have a few thoughts to supplement coal shale gas around the world, the development of shale oil between the two are not mutually exclusive, mutual gain.China’s development of coalbed methane also experience or ideas and the United States is very close to, I do not know the specific numbers, the intensity of the development of coalbed methane in the United States still very large, sometimes there are cost constraints, and for CBM infrastructure has already begun construction, the same facilities can be used to shale gas, coal technologies in the energy portfolio, there are some applications.Many of us talked about the potential of Mexico, Asia, the development of shale gas, Europe how to do?Europe will be what kind of situation?I do not know how the current regulatory framework in France.France or in Europe has been a driving force to develop shale gas in Poland, for example, we are concerned about what kind of development in Europe in the next step shale gas development.
Wearing Cree: here for you just talked about from the point of view of the Europeans to talk about the due to fracturing restrictions, no exploitation of shale gas in France and some other European countries for water conservancy fracturing some limitations, does not mean that no shale gas potential in Europe, just like Zhang talked about it, we need to properly assess the local geological structure, have to decide, the exploitation of shale gas is not economic feasibility.So this is not just resources, resources, of course, is a good thing, but it also depends on the history of oil production, technical conditions and geological storage mechanical aspects of the property, but also to fully understand is not to mining, the situation in Europe and in some places is relatively similar.Our current situation is not so clear, is not the possibility of large-scale exploitation of shale gas in Europe, unless our European parties agree, do some pilot projects, otherwise we do not know these resources can be counted as the exploitation of resources.
Mohamed: I put my understanding of the situation and we share with you, including France, Italy did not intend to exploitation of shale gas, just mentioned, Poland, is generally believed that Poland’s shale gas storage is very rich, so some companies mined to Poland .