DIFFICULTIES FACE POTENTIAL DEVELOPMENT OF SURPRISE ARCTIC SHALE GAS FIND
February 1st, 2014
SHALE gas has been inadvertently discovered by Norwegian researchers on the remote Arctic archipelago of Svalbard. The discovery, in the northernmost part of Norway, has prompted a debate over whether this could be an important addition to the world's ever-increasing supplies of shale. But some hard-nosed industry experts are also thinking about just how practical and economically viable any exploitation might be.The gas is trapped in a 200-metres-thick layer of shale rock in the Adventdalen Valley, 5 kilometres east of Longyearbyen, the archipelago’s ...
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