Opinion Former Article

CIA quoted in ICIS news - link to full article here

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.

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