UK poised to benefit from shale gas more than rest of Europe
02 September 2013 13:56 [Source: ICIS news]
You can watch a video of the interview here.
By Will Beacham
LONDON (ICIS)--The UK chemical sector stands to benefit from shale gas more than any other European country thanks to a positive political environment and its large reserves, according to UK trade association the Chemical Industries Association (CIA).
Unlike in many parts of Europe, the UK government is actively encouraging shale gas exploitation, and with reserves that could last up to 40 years, this could help fuel chemical industry growth of around 50% by 2030, said Stephen Elliott, CEO of the CIA.
More Articles by Chemical Industries Association ...