A report published today says up to £33bn is required in order to get the shale gas industry up and running in the UK while leading to the creation of 64,000 jobs.
The report, commissioned by industry body the UK Onshore Operators Group (UKOOG) with consultancy firm EY, says that in order to drill 4,000 wells over an 18-year period, billions of pounds must be ploughed into the industry’s supply chain. Production of specialised equipment such as pumps trucks and other oil field services needed for hydraulic…
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