46 New Exploratory drilling licences awarded in U.K.
The British government has awarded 46 licences for gas and oil exploration, these were initially held back due to environmental concerns. The government has now stated that it deems them to be safe in the following regions: North Sea, West of Shetland, The English Channel.
Firms to benefit from this include: Centrica, RWE, Shell and GDF Suez.
Comment made by LDT on Jan 10th 2012 at 5:31 pm:
finally…
Comment made by j on Jan 10th 2012 at 10:01 pm:
Agreed, this has in a way been long overdue. The government has planned these licences for a considerable amount of time but have felt threatened from releasing them due to a fear of upsetting their partners