MTA: Hungarian shale gas reserves may stay underground
Although unconventional natural gas reserves are six times larger than conventional gas reserves, geological circumstances would make their exploitation costly and would require the use of cutting edge technology, a scientist says.
“The practice could be implemented in Hungary as well, but research is expensive. Based on what we know today, shale gas exploitation is an opportunity of the future only,” Hungarian Academy of Sciences (MTA) member József Pápai told the academyʼs website, mta.hu. MTA’s findings are in line with the opinions of EASAC (European Academies Science Advisory Council), which affirm that shale gas is not a panacea for energy concerns in Europe.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
