
There is a global rush to embrace a new source of extracting hydrocarbons from the Earth. From Germany to Poland and France, from China and above all in the USA where the technique of hydraulic fracturing of shale rocks is most developed, governments and major oil companies are producing huge volumes of gas.
A number of energy importing countries around the world are planning a major investment in extracting natural gas from their shale rock formations. The most ambitious plans are coming from China and from Poland in the EU.
The US Government's Department of Energy together with a Washington energy consultancy has just released a mammoth global report estimating resources of shale gas. Significantly, the report estimates that the largest untapped shale gas reserves worldwide lie in China. The study puts Poland and France at the top of the shale gas list in the EU. The rest of Europe they estimate simply lacks the geology where substantial shale rock is present.1
Even in Germany some cash-strapped states are seriously looking at Shale gas. ExxonMobil, the world's largest oil company is planning major projects in the densely-populated North-Rhein Westphalia region. The company's head for Central Europe, Gernot Kalkoffen in a recent interview stated, "Germany is most definitely an interesting market. We cannot achieve the energy strategy shift without gas." ExxonMobil estimates shale gas is potentially available in six of Germany's 16 states.2 The US Energy Department estimates that Germany could have some 8 trillion cubic feet of technically recoverable shale gas, three years' total consumption. Citizen protest groups and Parliamentary skepticism about health and safety of shale gas so far is braking a German shale gas bonanza.3 Not only ExxonMobil but also BASF's Wintershall, Gaz de France, BNK Petroleum from the US and a daughter of Britain's Royal Dutch Shell are salivating over German shale gas prospects.











