UK set to launch shale licensing round

2013-12-17 19:21
(Picture: AFP)

(Picture: AFP)

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London - Britain's latest licensing round to allow companies to explore for shale gas will be launched in early summer, the government said, forecasting a high number of awards as part of a plan to kick-start the sector.

The round, Britain's 14th tender for onshore areas, has been delayed by around four years after the licensing process was suspended following earth tremors caused by shale gas exploration in Lancashire, northwest England.

France's GDF Suez and Britain's Centrica, two heavyweight energy firms, have both signed up for positions in UK shale, while oil major Total has said it would like to explore for shale in the country.

Read more on:    david cameron  |  fracking
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