Policy & Regulation
Brazilian shale: dead in the water?
In the first of a two-part series, Interfax Natural Gas Daily examines how environmental sensitivities may be deterring companies from Brazilian shale In the first of a two-part series, Interfax Natural Gas Daily examines how environmental sensitivities may be deterring companies from Brazilian shale.
7 September 2016
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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.
However, exploration in the sector has so far been limited...
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