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The Rise of Shale Gas and Russia’s Countermeasures
- Author Kwon Hyung Lee, Sung Hoon Jeh, Boogyun Kang
- Date2013-05-20
The recent expansion of shale gas development in the US has been greatly contributing to the drop in the natural gas prices and job growth, improving price competitiveness in the US manufacturing sector. On the contrary, Russia is being threatened by the shifs in the energy market caused by the shale gas boom in the US.This paper takes a look at threats to Russias
natual gas industry and the corresponding countermeasures as well as policy implications for Korea.
natual gas industry and the corresponding countermeasures as well as policy implications for Korea.
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