40 ceasefire violations reported in Syria in past day ― Russian reconciliation centerWorld December 10, 0:02
Russia open for cooperation with IOC, WADA ― ROC presidentSport December 09, 23:44
McLaren’s report speaks for ‘fundamental attack’ on sports integrity ― IOC chief BachSport December 09, 23:08
McLaren report’s allegations to be taken to legal courts — former Sports Minister MutkoSport December 09, 21:41
Russia-Ukraine-EU gas talks to continue — EC energy chiefBusiness & Economy December 09, 21:11
Russian diplomat says concept of Syria’s moderate opposition has failedRussian Politics & Diplomacy December 09, 20:58
Hollywood star Schwarzenegger to appear in Russian adventure filmSociety & Culture December 09, 20:53
Restoration of Palmyra possible after ending of hostilities in Syria — ministerSociety & Culture December 09, 20:35
Gazprom ready to supply gas to Ukraine — Russia’s energy ministerBusiness & Economy December 09, 20:08
ST. PETERSBURG, June 22 (Itar-Tass) - Russian President Vladimir Putin believes that shale gas extraction has not yet become a factor for cardinal change on the world energy markets.As he answered questions at the full-scale session of the St. Petersburg international economic forum on Friday, Putin urged concerted action to improve technologies in that sphere to achieve considerable progress.“The emergence of shale gas is a fact of life and an economic reality in the energy sphere, but no fundamental change has occurred yet,” he said.
“The production costs of shale gas are several times greater than those of ordinary gas,” he remarked. Also, he added that its production involved major environmental protection issues.“There where it is produced people often have some black substance running out of their water taps.”“I proceed from the assumption technologies will be improved,” he said.
“But there must be cardinal change of technologies in that sphere. If we all manage to achieve that, there will be a breakthrough.”Putin believes that shale gas production today might yield certain benefits for the United States, but it remains expensive for the European markets, bearing in mind the transportation and other accompanying costs.“I see no fundamental change for the world gas markets,” he said