Natural Gas Daily Latin America & Caribbean Exploration & Production

Brazilian shale: dead in the water?

By Chris Noon 7 September 2016
Shale producers could look to emulate Parnaíba Gás Natural, which feeds a power plant from nearby blocks. (PGN) Shale producers could look to emulate Parnaíba Gás Natural, which feeds a power plant from nearby blocks. (PGN)

The availability and potential contamination of water have become sensitive issues in Brazil, making it harder than ever for shale developers to begin exploration in the country.

The United States Energy Information Administration (EIA) estimated in 2013 that Brazil had 6.94 trillion cubic metres of technically recoverable shale gas resources in the Paraná, Solimões and Amazonas basins. This would make the country the 10th largest in the world in terms of shale gas resources.

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