Qatar Today - - BUSINESS -

The Oil and Gas Au­thor­ity of the UK has awarded a raft of new li­cences to ex­plore for oil and gas on the UK main­land. The 93 li­cences to ex­plore 159 blocks of land could pave the way for more con­tro­ver­sial hy­draulic frac­tur­ing, known as frack­ing. Large parts of North East and North West Eng­land have been opened up for ex­plo­ration. There are also li­cense blocks in the Mid­lands, the South of Eng­land and Wales. Around 75% of the ex­plo­ration li­cences re­late to shale oil and gas, which typ­i­cally re­quires frack­ing. The Oil & Gas Au­thor­ity said a to­tal of 95 ap­pli­ca­tions for li­cences were re­ceived from 47 com­pa­nies, cov­er­ing 295 Ord­nance Sur­vey Blocks.

Newspapers in English

Newspapers from Qatar

© PressReader. All rights reserved.