• Thursday, April 25, 2024

Business

First Shale Gas Flows In UK Since 2011

The British Geological Survey estimates that the site Cuadrilla is exploring holds up to 2,300 trillion cubic feet (90 trillion cubic metres) of shale gas (Photo: OLI SCARFF/AFP/Getty Images).

By: Radhakrishna N S

Energy company Cuadrilla said on Friday (3) that it has extracted shale gas in Britain for the first time since resuming fracking operations it halted in 2011 over environmental concerns. The 11-year old British private firm has borne the brunt of protests for trying to test whether fracking  a process in which water and chemicals are used to blast apart rock formations can unlock natural gas deposits in Britain. The method has transformed the global energy market but is developing slowly in Europe. “The volumes of gas returning to surface at this stage are small,” Cuadrilla chief executive Francis Egan…

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