Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Environment
    • Community Development
    • Renewable Energy
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » UK PM Cameron vows to cut shale red tape

    UK PM Cameron vows to cut shale red tape

    October 27, 2013
    Share
    Facebook Twitter LinkedIn WhatsApp

    Shale27 October 2013, News Wires – Britain must simplify regulations governing shale gas extraction and hydraulic fracturing to enable development of the country’s shale gas potential, Prime Minister David Cameron said.

    “On fracking, we do need to take action across the board to help enable this technology to go ahead,” Cameron told a news conference in Brussels after a meeting of EU leaders, Reuters reported.

    “There is a worry people are going to have to go through so many different permits in order to start fracking that they simply won’t bother, so we need a simplified system,” he said.

    Under pressure to do more to bring down rising consumer energy costs, Cameron has repeatedly urged the country to “get behind fracking”, a technology he says would bring down bills and create tens of thousands of jobs.

    His comments come just days after his Chancellor George Osborne pressed the UK to move ahead on shale gas, arguing environmental concerns should not be used as an “excuse” to drag out permit applications for hydraulic fracturing.

    The Conservative-led government is planning to introduce tax breaks for shale gas exploration in proposals presently under consultation.

    In July, the British Geological Society said that UK’s Bowland-Hodder shale could hold as much as 1.3 trillion cubic feet of gas, double its previous estimate.

    A new onshore licensing round expected next year is set to further widen the field for UK shale gas exploration.

    Environmental campaigners remain stiffly opposed to shale gas and the use of fracking in the UK, with a well being drilled by UK shale player Cuadrilla Resources at Balcombe in southern England drawing weeks of protests even though it was not even a shale prospect.

    The drilling completion technique was placed under moratorium after two minor seismic events in Lancashire in May 2011, but the ban was lifted in December 2012 after experts found the seismic risks linked to fracking could be managed with effective controls and monitoring.

    Upstream

    Related News

    FG orders LPG crackdown as cooking gas prices surge

    Nigeria eyes LPG imports to close 165,000MT supply gap

    LPG prices hit ₦2,100/kg as Nigeria faces supply deficit

    E-book
    Resilience Exhibition

    Latest News

    CMFC targets mining financing gap as sector attracts fresh investments

    June 24, 2026

    FG orders LPG crackdown as cooking gas prices surge

    June 24, 2026

    Why the UAE is betting big on Nigeria when others hold back

    June 24, 2026

    Climate change here to stay, group urges massive tree planting

    June 24, 2026

    ‘Grid fragility to worsen in Q3 as gas producers bypass DisCos’

    June 23, 2026
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2026 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.