Global Leader in International Oil and Gas Industry News

posted in:

Strategic implications of shale gas development in Argentina

Wednesday, Jan 23, 2013

Research and Markets (http://www.researchandmarkets.com/research/cv6hx2/strategic) has announced the addition of Frost & Sullivan's new report "Strategic Implications of Shale Gas Development in Argentina" to their offering.

“Strategic Implications of Shale Gas Development in Argentina”

Shale gas is an unconventional natural gas. Recent technological advancements in hydraulic fracturing now make extraction commercially viable and, as demonstrated by the United States, countries with technically recoverable reserves are now thinking about increasing their gas allocations in their energy matrices due to the nascent accessibility of this feedstock.

- The technology has high stakes and the associated costs, risks, and benefits need to be properly analyzed in a framework that can enable elected officials and policy makers to make an educated decision that balances the needs of a nation's economy and the environment.

- Due to the nascent stage of the technology, there is a lack of empirical evidence to support many of the assumptions surrounding shale gas.

- This lack of empirical evidence is currently under heavy debate by various stakeholders.

- The discovery of significant shale gas reserves in Argentina could reverse the country's dwindling natural gas reserves and return it to a regional exporter of gas. Argentina has a significant existing gas infrastructure in place to develop and support these unconventional gas reserves.

- Key challenges are pricing regulations, cost and profitability, environmental and health concerns, and the management of water resources.

Source: Business Wire

To access over 3,000 of the latest oil projects from across the world visit Projects OGP for free trial today

posted in:

Other Oil & Gas News

Gazprom and Austria point out relevancy of alternative Russian gas routes to Europe 24-04-2014
Irving Oil Completes Voluntary Conversion of its Crude Oil Railcar Fleet 24-04-2014
Tethys Petroleum Press Release Thursday, April 24, 2014 - Third Successful Gas Well in Kazakhstan 24-04-2014
Kentz awarded a US$125m 5 year contract in Kuwait by Fluor 24-04-2014
TGS announces two new projects in the Norwegian Barents Sea 24-04-2014
CNOOC Ltd offers $4bn bonds 24-04-2014
Major subsea contract sees Expro expand operations in Azerbaijan 24-04-2014
What America is thinking on energy issues – Poll announces large majorities of Virginia voters support investments in oil and natural gas 24-04-2014
Dion Oil and CITGO Petroleum help fuel South Florida agriculture 24-04-2014
The Petroleum Connection releases agenda for 2nd annual oilfield housing solutions conference at minute maid park in Houston on May 1 & 2 24-04-2014