Tuesday, July 26, 2016

NEWS  |  Under May's New Government, a UK Gas Fracking Push Is Probable  |  Rigzone

NEWS  |  Under May's New Government, a UK Gas Fracking Push Is Probable  |  Rigzone: "As Theresa May’s new government prepares to take the U.K. out of the European Union, it’s likely to promote one technology shunned by most nations on the mainland - fracking. May, her predecessor David Cameron, and newly appointed members of her cabinet including former Energy Secretary Amber Rudd have supported hydraulic fracturing of Britain’s shale rock to reduce the nation’s increasing dependence on natural gas imports. May voted in line with government policy against additional regulation on exploration companies and an 18-month moratorium on the practice in 2015. Cameron’s government planned to go “all out for shale” and the new cabinet probably won’t change its view as officials are set to decide whether to approve applications to frack by companies from Cuadrilla Resources Ltd. to IGas Energy Plc.  Fracking has been banned or suspended in EU nations including France, Germany and the Netherlands, as well as in Scotland and Wales. “The government policy on fracking hasn’t changed," May’s spokesman Greg Swift told reporters in response to questions about U.K. shale gas development."

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