Thursday, February 24, 2011

KRISTOVSKIS ON SUMMARIZING VISIT TO THE US – EXTRACTION OF SHALE GAS POSSIBLE!


At a press briefing today Foreign Minister Girts Valdis Kristovskis (Unity) commented on the results on his recent visit to the US. The visit took place February 19-23 and included several meetings with leading politicians, Secretary of State Hillary Clinton one of them.

Kristovskis informed that one of items discussed dealt with a possible extraction of shale gas in Latvia. This could take place with the support of US companies. In certain parts of the US extraction of shale gas has already started and a lot of studies have been made.

According to news agency LETA the foreign minister said that geological indicators point out that shale gas is ''located under most of Latvia's territory''.

“If detailed geological probes are successful, we will be able to extract this gas from Latvia's territory,''
Kristovskis believes.