UKRAINE / POLAND : Looking For Energy Independence...From Shale Nat Gas.

 

NYTIMES/ A. Kramer/ 2 screen read combined

   Ukraine is currently talking with Exxon Mobil, Chevron and Shell about searching for shale gas there and its parliament has passed legislation to facilitate opening its domestic natural gas market to shale gas producers.
   The Ukraine like other nations wants to lessen dependence on energy imports from Russia's Gazprom and the Middle East.
    “Unconventional gas will be a game-changer throughout Europe,” claims a VP of a company that pioneered the nat gas fracking technology. “We’re the mouse that roared.”
     Neighboring Poland is about three years ahead of Kiev in the shale gas search with some exploratory wells drilled.

BOLIVIA : Evo Claims New Total Nat Gas Find Adds 30% To Reserves.

BLOOMBERG/

   Last year, some geologists slashed Bolivia's estimated nat gas reserves.
   Today, France's Total claims it has found new nat gas deposits in the Aquio field that boost Bolivia's reserves by 30%...some 6.5 million cubic meters a day... when it begins operating in 2015 possibly reaching 18 million cubic meters by 2020.
   It's Bolivia's biggest discovery biggest since Morales became president in 2006.
   Bolivia's total gas reserves could now equal some 13 trillion cubic meters.
   Nat gas is Bolivia's top export responsible for $1.7 billion in income in 2010.