Company In Which Joe Biden's Son Is Director Prepares To Drill Shale Gas In East Ukraine -- Zero Hedge
Recall what we said earlier today: the proxy Ukraine war just like that in Syria preceding it, "is all about energy."
Recall also the following chart showing Ukraine's shale gas deposits, keeping in mind that the Dnieper-Donets basin which lies in the hotly contested eastern part of the nation and where as everyone knows by now a bloody civil war is raging, is the major oil and gas producing region of Ukraine accounting for approximately 90 per cent of Ukrainian production and according to EIA may have 42 tcf of shale gas resources technically recoverable from 197 tcf of risked shale gas in place.
Read more ....
Update: Ukrainian army helps installing shale gas production equipment near Slavyansk -- ITAR-TASS
My Comment: It's always about the money ... but as to this project .... I have trouble seeing it take off. Even if they build the production wells and the pipelines .... I will bet that within a week they will be bombed.
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