Hype or Reality for the Euro-Mediterranean Region

This paper contains three parts. The first part gives a brief review of the US success in unconventional gas boom (particularly shale gas), the experience gained and the challenges faced. The second part discusses the replicability of the US success in the Euro-Mediterranean region. Finally, the third part focuses on the unconventional gas resources potential in the region and looks into latest efforts in finding and developing these resources by country.