Re: In Hungary, we continue to evaluate our tight gas acreage./DB

Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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solyomtwo

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Re: In Hungary, we continue to evaluate our tight gas acreage./DB

in response to

Re: In Hungary, we continue to evaluate our tight gas acreage./DB

longterm1158

posted on Jan 12, 2010 11:18AM

>How do they pay for it??

Well, since Gazprom is the world's largest gas producer, and the EU is Gazprom’s largest customer, I would say the Europeans will foot the bill. Actually, this is not about exploration, Gazprom’s intention is to get into the US gas market, which will be very profitable in the next 5 to 10 years.

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