U.S. Shale Gas Shipped to Swiss Company

The first shipment of U.S. shale gas was received by Swiss Petrochemical giant Ineos Group Holding on March 23. American producers see the shipment as a milestone for a new shale gas market in Europe. The shale gas in the shipment was ethane from the Marcellus Shale in Pennsylvania, and represents the first shipment of ethane to Europe from the U.S. Range Resources Corp. and Consol Energy Inc. are among companies looked to diversity into the European gas market.