Largely due to shale gas discoveries, estimated reserves of natural gas in. International ari based on data from various published studies. It focuses on issues such as production technologies, environmental protection, and the impacts of shale gas. We then move on to the environmental politics of shale. Annesophie corbeau, international energy agency1 2. Energy information administration, world shale gas resources. The shale gas resources assessed in this report, combined with eias prior estimate of u. Economics and politics of shale gas in europe abstract in the wake of the dramatic growth in shale gas production in the united states, interest in shale gas exploration in europe has been driven primarily by concerns over industrial competitiveness and energy security. The politics of shale gas in eastern europe by andreas. According to estimates from the international energy agency, shale gas will enable the us to become selfsufficient by 2030.
This book highlights various aspects of shale gas production and discusses the associated problems, which have greatly influenced the current situation on the global gas market. The principles guiding chinas shale gas policies are set forth in the shale gas fiveyear plan march 2012, which commits to production incentives, accelerated permitting, improved infrastructure and technology innovation. Shale gas development in recent years has changed the energy discussion in the us as existing reserves of natural gas. Chapter 2 regulating unconventional shale gas development in the united states.
Shale gas is natural gas formed and held within shale formations. The claim made by shale gas s champions is that, in defiance of early. Geopolitical implications of shale gas february 8, 2012 james a baker iii institute for public policy rice university. The global impact of unconventional shale gas development. Turkey in the geopolitics of natural gas summary this paper outlines the role of turkey as an increasingly more important natural gas consuming country while at the same time strategically located as a transit country between major consuming areas in the eu and suppliers in. The main difference between tight gas and shale gas, however, is that tight gas can be found in low permeability sedimentary rocks, such as sandstones, while shale gas rocks are usually impermeable 2 royal dutch shell plc.
This book discusses the economic, political, and environmental issues surrounding the international exploration and exploitation of conventional and unconventional natural gas. One indisputable benefit to the shale revolution for the us is the establishment of domestic energy security. While us gas exports via pipeline have increased since 2000, the commencement of us lng exports in 2016 was a seminal event, turning the us into an lng exporter and helping drive changes in global lng markets. Prospects for shale gas in the uk samuela bassi policy analyst grantham research institute and cccep london school of economics and political science lmn assets international gas conference session. One reason for this may be the role that shalegas development plays. Diverging priorities, overlapping jurisdictions, and asymmetrical data access beth kinne chapter 3 a complex adaptive system or just a tangled mess. Shale gas in the united states is an available source of natural gas. The process involves injecting a mixture of water, sand and chemicals known as fracturing fluid at high pressure into horizontally drilled boreholes to fracture the rock and release gas or oil. Download it once and read it on your kindle device, pc, phones or tablets. Since 2015, unconventional hydrocarbons such as shale and tight have accounted for over 50% of the total crude oil supply, and for around 60% of the total gas supply of that country. An argumentative discourse analysis updated version forthcoming in energy policy matthew cotton1, imogen rattle2, james van alstine2 1 department of town and regional planning, university of sheffield western bank, sheffield, s10 2tn, uk.
It lubricates the mechanisms of both national and international politics. The shale revolution and a world without america kindle edition by zeihan, peter. While many examples and practices are drawn from experience in the us, this note is intended to be relevant to a global audience. It finds that the polish shale gas policy regime was strong, based on a powerful political narrative and characterized by an institutional process ensuring the buyin of actors from relevant. Shale gas has become an increasingly important source of natural gas in the united states since the start of this century, and interest has spread to potential gas shales in the rest of the world. Note that shale gas in september 2012 was 35% of the us supply. A combination of those things will address the issue of associated gas. This webpage has been developed to answer the many questions that people have about shale gas and hydraulic fracturing or fracking. Gas markets have also been upended by the shale revolution. Shale gas has the potential to turn the worlds energy industry on its head. The journal draws on the experiences in usa, canada and china, but the focus is mainly on europe. The resulting political issues could radically alter relations between countries.
He says technology for natural gas power generation in the field, including to drive rigs and supply local communities, is also developing fast. The shale gas shock matt ridley foreword by freeman dyson the global warming policy foundation. Permeability refers to the capacity of a porous, sediment, soil or rock in this case to transmit a fluid. Shale gas and eu energy security european parliament. During this fourweek course, well study the politics, economics, and science of shale gas. This paper responds to these needs by describing the importance of shale gas in meeting the future energy needs of the united states u. Although a late developer, the changing dynamics of both domestic and international gas markets have significantly improved shale gas opportunities. The oil industry and its effect on global politics. The international political economy of oil and gas editors. Currently, most of the worlds shaleoil is coming from the united states, but more may. International energy agency distinguishes shortterm energy security the.
Shale gas revolution and what it means for international energy geopolitics and new world order. Proximity to markets canada is the largest supplier of crude oil and re. Pdf the international political economy of oil and gas. It asks how these meanings are communicated and why certain understandings of the issue gain prominence. Drawing on discourse analysis and framing studies, the article first distinguishes two competing coalitions pro and anti shale and their shared narratives or storylines shale. This book addresses energy research from four distinct international political economy perspectives. Pdf the impacts of us shale gas on the geopolitics of the middle. Shale gas and fracking pdf, 532 kb hydraulic fracturing known as fracking is a technique used to extract gas or oil from subterranean rock.
John whitton, matthew cotton, kathy brasier, ioan charnleyparry. The politics of shale gas in eastern europe energy security, contested technologies and the social licence to frack. The study objective was to quantify net water use for shale gas production using data from texas, which is the dominant producer of shale gas in the u. Well examine how shale gas was formed, and how we extract it through hydraulic fracturing, or fracking. Oil markets are not the only place that shale producers have made their mark. International political economy oil gas arctic petroleum resources technological development energy security russia usa eu extraction transparency initiative the extractive industries transparency initiative eiti central asia southeast asia the australian lng industry the north sea shale gas iran africa brazil. The increased production of shale gas in the us has already reduced global gas prices. This prompts the question as to why it is that this increased production of shale oil and gas in. Use features like bookmarks, note taking and highlighting while reading the absent superpower.
International political economy oil gas arctic petroleum resources technological development energy security russia usa eu extraction transparency initiative the extractive industries transparency initiative eiti central asia southeast asia the australian lng industry the north sea shale gas. Politics and international relations, comparative politics. Us political, economic, strategic and military relations are unlikely to. Shale gas is the term often used to describe both tight gas and shale gas resources. Led by new applications of hydraulic fracturing technology and horizontal drilling, development of new sources of shale gas has offset declines in production from conventional gas reservoirs, and has led to major increases in reserves of us natural gas. Our members operate around the globe, producing 40% of the worlds oil and gas. Shale gas is natural gas that is found trapped within shale formations. Abstractthis article examines competing political discourses surrounding shale extraction in the uk. Shale gas potential algeria 3rd globally 707tcf shale gas potential south africa 8th globally. Top 10 countries in terms of technically recoverable shale gas resources source. Shale gas a natural tight gas 9 drivers for growth 10 the evolving global energy landscape and the emergence of shale gas 11 hydraulic fracturing 16 water and the fracking process 17 different aspects of waterrelated risks from fracking 18 other threats linked to shale gas and fracking 22 case descriptions 25 recommendations 29. The central argument of this article is that the path to an asian liquefied natural. The shale gas boom is having an unprecedented affect on the us energy market, and this, in turn. Policy and issues iogp iogp the global oil and gas.
Together, we identify and share knowledge and good practices to improve the industry in areas such as health, safety, the environment and efficiency. The chinese central government strongly supports shale gas production and incentivizes it with a number of policies. Natural gas, us shale dynamics and energy security. Shale gas formations are unconventional reservoirs i. The information provided below explains the basics, including what shale gas is, where its found, why its important, how its. Despite investing in unconventional blocks to boost production, shale gas development is still in its infancy, and the country will need to import gas for the next 510 years. It focuses on issues such as production technologies, environmental protection, and the impacts of shale gas production. Straddling the late 2000s and the early 2010s, and following the dawn of the shale gas revolution in north america, european governments have considered the possibility to repeat such an endeavor. Chapter 9 the shale revolution and the international security. An initial assessment of 14 regions outside the united. Shale gas exploration and production key issues and.