Falkirk Herald: Grangemouth petro chemical giants buy into ‘fracking’ opportunity

Drilling for natural gas in Falkirk district using the controversial ‘fracking’ process has moved a step closer.

Grangemouth petro chemical giants Ineos has bought a 51 per cent stake in an exploration licence which has already been used by Dart Energy to find coal bed methane in coalfields below Airth.

But unlike Dart Energy, which has “no plans” to ‘frack’ in the area, Ineos, the world’s fourth biggest chemicals company, sees the 127 square miles around Grangemouth and Firth of Forth as a perfect chance to use hydraulic fracking to reach shale gas.

The company intends to become a “major player” in onshore gas production in the UK and is already investing £350 million to bring ethane produced from shale gas in the United States to fuel its production operations here.
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