Dallas –
The Basque Country is one step away from becoming a natural gas producing power within Europe and an international reference in storage and distribution. The surveys that have been carried out to date provide “more than reasonable indications” that Álava houses in its subsoil deposits of 184.5 BCM -184,500 million cubic meters- of unconventional natural gas, which is equivalent to sixty times the annual consumption of Euskadi and five times that of Spain. Non-conventional gas is a type of fossil fuel -shale gas-, which is more expensive to extract as it is found in a shale bed and in small pockets, sometimes up to two kilometers deep.