Regulation, profitability and risk – the shale gas conundrum
Media hype suggests a shale gas revolution in Europe is about to occur, with governments attempting to stimulate this nascent European shale industry. Shale gas development can only be fast tracked if operational profits lure operators and regulations do not have unintended consequences. Operators may lose their shirts but governments may lose their heads in the shale revolution. Crispian McCredie, Ruud Weijermars and Allen Brooks of Alboran Energy Strategy Consultants explain why regulation remains key to sustainable shale gas field development.
Article details
Journal title: Petroleum Review
Region: Europe
Publisher: Energy Institute
Keywords: Shale gas guide further reading
Subjects: Policy and Governance, Shale gas, Regulation