Europe should not rule out shale – IOGP

Gordon Ballard was recently appointed executive director of the International Association of Oil and Gas Producers. In this interview he tells Natural Gas Daily that support is needed from governments and regulators to develop Europe’s shale gas potential.

Natural Gas Daily: Oil and gas prices have fallen sharply in recent months, clouding the outlook for the profitability and further development of the European offshore sector. Can we expect a sharp rebound in prices over time, and if not, what will the future hold for the offshore sector?