Shale Gas was a key Player which helped the EU to lessen the impact of a large gap of supplies just after the war In Ukraine , The U.S was the main Supplier of LNG in 2023 to the EU ( 59.6 BCM, mostly from shale plays), shale gas also supported both China and Argentina meeting their Natural gas needs 45% and 55 % respectively..
China, Argentina and Algeria are holding the biggest reserves in the world.
why this gap between the U.S and others countries? Note that algeria is not producing from shale !?
Algeria is hosting the 7th Gas Exporting Countries Forum (GECF) summit in the 2nd of march 2024 to discuss the future’s outlook of natural gas time NG is considered a pivotal player in the energy transition as its emitting roughly 60% less of carbon compared to Coal.
