28 September 2012 17:49 [Source: ICIS news]
In an interview with Austrian daily Kurier, Gerhard Roiss said that by not pursuing shale gas, the country will lose income and investment opportunities.
Affordable energy is an important competitive factor for energy-intensive chemicals and other industries, Roiss said.
If Europe as a whole does not pursue shale gas, it would fall further behind the US which has been producing shale gas for a number of years, he said. His remarks came as petrochemicals major INEOS said this week that it plans to ship US shale-derived ethane to feed its crackers in Europe.
As for OMV, Roiss said that the company has no plans for shale gas in
Roiss rejected suggestions that the move may be linked to upcoming elections in
Kurier published Roiss’ remarks on its website.
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