well you know i think we have to look at alan g. and chill gas in quite a different way. the shale gas first of all we know the story about the u.s. for a large or rather unexpected volumes of shale gas have come to the market there. we are now as an industry looking very hard at what could be the possibilities elsewhere in the world and what i'm hearing about europe in that respect is that yes there are in geological terms certain possibilities it is not yet quite clear how complicated some of the production will be in europe it could be quite different from the u.s. and our number of environmental issues around shale gas. which may also delaying some of its development particularly in europe which is more densely populated than most places. and we care for have to wait and see about the general view is that we would not it's. backed significant volumes of shale gas to complete the market in europe until at least twenty twenty five or beyond. there may be some production in some parts of europe before that but that would not really impact the south stream project at all

parts of europe before that but that would not really impact the south stream project at all and alan g. well let's wait and see it is true that we have more alan sheen receiving terminals now in europe than we had let's say five or ten years ago that's good news it gives the market more options more flexibility. but we also have to wait and see how much of that liquefied natural gas is actually coming to europe and much of that will be kind on pricing so we'll have to wait and see i think a large modern pipeline system such as south stream is definitely proven to be very competitive that's always been the case in the history of the gas industry and it will be the case with cells. but are you russian partners are russians ready to to meet this new possibilities the new challenge challenges of which we're talking because who are or are they are still pretty conservative then and still prefer to to make their money the old way i mean by pumping gas into europe to crack phones. i mean. here to talk for all the companies that are in this business i'm really focusing on this pipeline project as su