Russian gas is able to meet competition at an increase of the world production of shale gas

Russian gas is going to be competitive at an increase of shale gas production in the world, the Minister for Economic Development A.Belousov said in an interview to German Handelsblatt.

“We do not worry about the situation. Shale gas is an expensive gas. It is not competitive with the Russian one,” Belousov said, answering the question about a “boom” on shale gas in the USA and its consequences for our country.

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