Content of the study:
The shale gas market - France

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1.1 Definition and Introduction

Shale gas belongs to the natural gas family. It is extracted from shale rocks beneath earth through fracking and horizontal drilling. Industryglobalnews24 estimates that around 71% of extraction is made through horizontal drilling and 29% through hydraulic fracturing (also known as fracking). Shale gas reserves can be found everywhere in the world. 

The global shale gas market is growing at rapid pace as energy demand increases. For this reason, alongside technological innovation, the outlook for shale gas is positive. Nevertheless, the commodity remains criticised for its' negative externalities including water waste and ecosystem interference. 

France's relationship to shale gas is complex; in 2017, it banned any new oil and gas exploration licences with immediate effect, and all oil and gas extractions. Critics claim that this move was purely symbolic however, since France’s oil and gas production represents just 1 percent of national consumption. [AP] Moreover, this implies that France relies 100% on imports. Indeed, since 2018 France has started importing shale gas from the US in particular. 

The shale gas market has been hit hard by COVID-19. McKinsey states that the pandemic has lowered gas demand by 5 to 10 percent.






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Reviews (2)

The heat pump market - France

Publicado en 14/11/2022 by BS Conseil - BS Conseil

Très explicite.

Businesscoot Response:

Merci pour votre retour :)

The heat pump market - France

Publicado en 26/09/2022 by Matthieu Boussard - Stryber

Etude parfaite pour une vue d'ensemble du marché avec un très bon rapport qualité-prix.

Businesscoot Response:

Merci beaucoup Matthieu pour votre avis. Nous sommes ravis d'avoir été à la hauteur de vos attentes!