When the discovery of Makó’s giant gas field was first announced, the news whipped up a feverish excitement across the country. However, it is less known that the resource is unconventional, the hydrocarbon practically locked up inside the rocks, and the technology for extraction is couple of years away. The Hungarian government have not risked a dime on this project; however in the meantime, Falcon Oil & Gas and partners invested 500 million dollars into the project. When there will be gas, and how the gas will be brought to the surface, and how this will influence the European Union’s gas supply – we asked Dr. György Szabó, head of the Falcon-TXM operations in Hungary.
Read the translated article at Agoracom
Source: ingatlanmagazin.com
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