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Thursday, September 29, 2022

Britain lifts ban on shale gas production

In an effort to expand domestic energy production, as promised by new Prime Minister Liz Truss two weeks ago, the British government on Thursday officially lifted a ban on shale gas extraction in England.

The British government has also confirmed its support for a new round of North Sea oil and gas licensing, which is expected to result in more than 100 additional licenses.

UK Trade and Energy Secretary, Jacob Rees-Mogg, said in a statement today that “in light of Putin’s illegal invasion of Ukraine and the militarization of energy, boosting our energy security is an urgent priority. And we are going to ensure that.” that the UK is a net exporter of energy by 2040.”

Rees-Mogg continued, pointing to the removal of the brakes on shale gas extraction in England: “To reach that point we must examine all the routes up to which we are going through solar, wind, oil and gas production.” So it is good that we have lifted the backlog to realize any potential domestic gas supply.”

The government has announced that drillers can now learn more about the UK’s shale gas resources and how the country can safely harvest shale gas if there is local support.

In an effort to increase domestic energy supplies and help people and businesses struggling to pay for skyrocketing energy costs, UK Prime Minister Liz Truss announced in the House of Commons two weeks ago that the country is fracking shale gas. But the 2019 ban is going to be removed. ,

Only two shale gas wells in the UK are operated by Cuadrilla Resources in Lancashire. After the government announced a moratorium on drilling, Cuadrilla Resources was forced to stop. Cuadrilla Resources welcomed the government’s prompt follow-up to the prime minister’s announcement two weeks ago that the ban was officially lifted.

Communities in the north of England are going to benefit the most from today’s announcement. Cuadrilla CEO Francis Egan said the company “determined that a portion of all shale gas revenue will be given to local citizens as a community dividend.”

Cuadrilla’s founding geologist Chris Cornelius told The Guardian that “I don’t think there is any potential for fracking in the UK in the short term”, that it would be impossible and impossible to raise fracking to significant levels in England. The ban will do nothing to ease the crisis.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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