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Caspian Report - Issue: 07 - Spring 2014

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EU Commissioner<br />

for Energy,<br />

Gunther Oettinger<br />

during a press<br />

conference on<br />

offshore oil and<br />

gas on October<br />

27, 2011 at the EU<br />

Headquarters in<br />

Brussels.<br />

In the view of the European Commission,<br />

Europe should at least be<br />

able to produce sufficient volumes<br />

of domestic shale gas to replace its<br />

depleting conventional gas reserves,<br />

so as not to become more dependent<br />

on imports from unreliable suppliers<br />

or politically unstable countries.<br />

In November 2012, the European<br />

In June 2013, the British Geological Survey<br />

published a new report showing that UK<br />

shale gas reserves, up to 40 tcm in England<br />

alone.<br />

Parliament followed the European<br />

Commission’s cautious policies by<br />

adopting two resolutions of the environmental<br />

and the industry and<br />

energy committee (ITRE) that favour<br />

unconventional gas exploration,<br />

albeit calling for “robust regulatory<br />

regimes.”<br />

But the Commission itself is politically<br />

divided; while the energy department<br />

favours European shale<br />

gas projects as a means of enhancing<br />

energy supply security and economic<br />

competitiveness, the Environmental<br />

and Climate Protection Department<br />

is presently considering an EU-wide<br />

regulation on methane emissions,<br />

which may further complicate the<br />

EU shale gas projects at this critical<br />

stage.<br />

United Kingdom<br />

Despite the spread of ‘Nimbyism’<br />

in Britain, the UK government, its<br />

Department of Energy and Climate<br />

Change, a parliamentary commission<br />

and new government commissioned<br />

reports by the Universities of Durham<br />

and Aberdeen on the environmental<br />

risks all support shale gas exploration<br />

and development projects.<br />

In December 2012, the British government<br />

lifted a ban (in place since<br />

May 2012). In June 2013, the British<br />

Geological Survey published a new<br />

report showing that UK shale gas reserves,<br />

up to 40 tcm in England alone,<br />

67<br />

CASPIAN REPORT, SPRING <strong>2014</strong>

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