Aarkstore Enterprise---european Shale Gas: A Threat To Gazprom's Future

European Shale Gas: A Threat to Gazprom's Future

? - Gazprom has long dominated the European natural gas market, meeting a significant portion of the gas needs in the continent. The company has been able to command a good price for its natural gas by linking its gas prices to oil prices as per its pricing policy. However, the successful US shale gas development might be replicated in Europe, which will threaten Gazprom's status as a dominant European gas supplier. The US shale gas discoveries and their enormous potential have led gas prices to fall tremendously to around $4.16 per million Btu in 2009. This may lead to Europe becoming a self-sufficient natural gas producer in the years to come. Additionally, increased shale gas development might lead to continuously reducing natural gas prices in the future. As a result, Gazprom's exports to Europe may be reduced or become less profitable. The company might have to develop a proper pricing arrangement based on spot prices with Europe. The company is therefore making some significant adjustments to ward off the challenges it might have to face if Europe successfully develops its shale gas.

Scope

- Analyses the impact of Shale Gas' rising prominence in Europe on Gazprom

- Discusses the emergence of shale gas globally and Europe in particular

- Discusses how gazprom has a dominance in the European Gas Market

- Discusses how Shale gas' success in the US can be replicated in Europe

For more information please contact :

http://www.aarkstore.com/reports/European-Shale-Gas-A-Threat-to-Gazprom%E2%80%99s-Future-58856.html

http://blogs.aarkstore.com/

From:Aarkstore Enterprise

Contact: Neel

Email: press@aarkstore.com

URL: www.aarkstore.com

by: Aarkstore Enterprise

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