The Telegraph: Royal Dutch Shell eyes fledgling UK shale gas market
Royal Dutch Shell has signalled its interest in the fledgling UK shale gas market - but admitted significant disruption could be caused to th
Simon Henry, Shell's chief financial officer, said the company was "taking a look" at the potential for shale gas in the UK. Commercially recoverable reserves have yet to be proven but Mr Henry said unproven estimates of 200 trillion cubic feet would constitute a "material play" that Shell could not ignore.
"Strategically we have an interest in any large resources around the world where we think we can be competitive. It's in our backyard and we ought to be interested in a very large play," he said. MORE