Multi-million windfall to UK shale gas production

Posted on 20 Nov 2014 by Jonny Williamson

INEOS, one of the world’s largest chemical firms, is reportedly planning to invest £640m in shale gas exploration across England and Scotland.

Expected to make an official announcement later today (November 20), the company has previously announced the intention to produce shale gas for its Scottish facility in Grangemouth. The BBC has reported that the Grangemouth plant is currently “running at a loss”, however the introduction of shale gas is hoped to move the facility back into…

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