Lancashire Evening Post: Lancashire can become gas HQ
Lancashire could be the headquarters for the next generation of Europe’s oil and gas industry, according to one of the Government’s most senior business advisers.
Former head of BP Lord Browne, now chairman of Cuadrilla Resources, the company behind ‘fracking’ in the county, said it will invest in creating a highly-skilled workforce and a supply chain in Lancashire if it gets the go-ahead to extract gas.
The firm has spent the past six years carrying out exploration on the levels of natural gas locked in shale rock under the countryside.
Lord Browne said Cuadrilla believed there was “a great amount of gas which could be produced safely and securely” in the county.
In a rare and exclusive interview, he said: “I believe this is the source of potentially a great amount of gas."
“It is also a place I believe we could create the headquarters for European oil and gas activity with the two universities (the University of Central Lancashire in Preston and Lancaster) and the industrial heritage already there.” MORE