Bloomberg Business Week: The U.S. Unleashes the Full Power of Shale
21 October 2016: “Europe could be in play, too, with the U.S. trying to compete with Russia, which supplies 40 percent of the European Union’s gas imports. Turkey, Russia’s third-biggest buyer, took its first LNG cargo from the U.S. in late September. ‘The fact that the U.S. is actually exporting, and particularly LNG to places where Russia has almost monopolistic power, is a huge development.’ says Majed Limam, a senior consultant for LNG and natural gas at ship brokerage Poten & Partners.”
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