Russia covets Slavyansk because of gigantic shale gas deposits

City of Slavyansk, Ukraine
City of Slavyansk, Ukraine

Russian interests in the Ukrainian city of Slavyansk are down to abundant shale gas deposits in the area – a Belarusian news outlet Charter’97 claims.

Slavyansk, although devoid of any important military or industrial sites, sits atop a gigantic shale gas deposit which spreads into a part of the territory of Donetsk and Kharkiv regions.

The total area of the shale gas deposit is almost 8 thousand square kilometres.

“According to the latest confirmed data, coming from Americans, there are 3.6 trillion cubic meters of gas that they clearly see how to extract. This is a significant amount, a large amount, because if Ukraine increases extraction by 15-20 billion cubic meters, it will become an exporter”, – the director general of the centre for energy studies Oleksandr Kharchenko points out.”

“The deposits are quite significant. One of the largest in the world, in Europe. By the estimations that we have, we can increase gas extraction by 30-40%.
If there are 20 billion, you do the math, it is possible to increase it by up to 10 billion”, – the Minister for Energy, Yuriy Prodan, said.

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