Shale gas licenses are attracting solid interest from investors, according to UK business and energy minister Matt Hancock. Communities are resisting government plans to allow fracking firms to drill under homes without their permission.
Hancock said that interest in Britain’s first round of shale gas licensing in six years would allow the UK to exploit fracking to secure its future energy supply.
“I feel like it’s the duty of any government to ensure that this potential is explored,” Hancock told Reuters on the sidelines of his Conservative Party’s annual conference in Birmingham. “Fracking has the potential to be very important for the security of our energy supplies.”