• Natural Gas News

    Connexion France: French industry minister backs shale gas

    old

Summary

French industry minister, Arnaud Montebourg, has said he is trying to "convince" President François Hollande to overturn a ban on experimental drilling for shale gas.

by:

Posted in:

Press Notes

Connexion France: French industry minister backs shale gas

THE French industry minister, Arnaud Montebourg, has said he is trying to "convince" François Hollande to overturn a ban on experimental drilling for shale gas. 

The minister last week appeared to show his support for the shale gas industry and of the need to develop shale gas exploration. Hollande last year banned all drilling for it on French soil. 

A recent American study estimated France may have some four trillion square metres of shale gas and five billion barrels of shale oil, that are extractable. 

Meawhile, the chief executive of French oil giant Total has welcomed a decision by the European Commission not to impose an outright ban on the experimental drilling for shale gas. MORE