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France 24

Politics

Tom WHEELDON

Can US shale gas save Europe from its energy crisis?

Europe United States European Union Samantha Gross Russia Natural Gas Algeria

A tugboat and vessel FSRU Exemplar, the floating liquefied natural gas (LNG) terminal, chartered by Finland to replace Russian gas, arrives to the Inkoo port, west of Helsinki, December 28, 2022. © Jussi Nukari, Lehtikuva, Reuters

On the surface, booming US shale gas production looks like the perfect solution for Europe as it reels from the energy crisis created by tearing itself away from Russian gas. But analysts say it is no panacea.

US shale gas output has lost none of its momentum, as the US shale revolution is fading as far as oil is concerned.

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