GROUNDWATER PROTECTION AND SHALE GAS DEVELOPMENT IN UKRAINE: WILL THE ENERGY COMMUNITY PROVIDE THE MISSING PIECE?
In: Boston University International Law Journal, Jg. 33 (2015-04-01), S. 251
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Zugriff:
Introduction In the mid-2000s American shale gas development took off with impressive intensity. Spurred by the technical improvement of hydraulic fracturing and horizontal drilling, tax incentives, and a dynamic service industry, development of large-scale shale plays like the Barnett in Texas and the Haynesville in Arkansas began to shift the American energy supply picture from shortage and insecurity to plenty. 1 A decade later, the discourse has moved from building liquefied natural gas ("LNG") import terminals to the possibility of exporting shale gas abroad. 2 These developments have prompted scholars to term the changes a shale gas "revolution" and to inquire whether the revolution could be exported to other parts of the world. 3 One of the most promising areas for shale gas development in Europe is Ukraine. The Energy Information Administration estimates Ukraine possesses approximately 3.6 trillion cubic meters (128 trillion cubic feet) of shale gas reserves, the fourth largest in Europe. 4 Shale gas extraction in Ukraine is badly needed. Currently, Ukraine is dependent on the Russian Federation for roughly sixty percent of its gas, and Russian gas deliveries have become increasingly expensive and, as the recent cutoff of supplies illustrates, unreliable over time. 5 Thus, diversification presents a number of significant economic and geopolitical benefits to the country and will likely be a focal point of the Poroshenko government's energy policy when the violence in Eastern Ukraine abates. Unlike the United States, which experienced relatively slim environmental opposition to early shale gas development, Ukraine (and ...
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GROUNDWATER PROTECTION AND SHALE GAS DEVELOPMENT IN UKRAINE: WILL THE ENERGY COMMUNITY PROVIDE THE MISSING PIECE?
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Autor/in / Beteiligte Person: | Topolinskaya, Regina |
Zeitschrift: | Boston University International Law Journal, Jg. 33 (2015-04-01), S. 251 |
Veröffentlichung: | 2015 |
Medientyp: | academicJournal |
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