Ineos Loses Patience With SNP Over Fracking

Aug. 15, 2016
Chemical giant blasts Scottish government’s position on fracking.

It appears that petrochemical giant Ineos, which wants to set up a fracking industry in Scotland, has lost patience with the government’s stance on fracking, according to an article from Herald Scotland. Ineos reportedly blasted the Scottish National Party's (SNP) position as “absurd,” saying the drawn out decision-making process is costing jobs and investment.

The SNP is carrying out new studies before making an “evidence led” decision on green-lighting the gas extraction practice, according to the article. A decision is reportedly not expected until sometime next year and a public consultation over fracking has yet to begin. Gary Hayward, CEO of Ineos Shale, notes the success of fracking operations in the U.S. and says in the article, "The fact that Scotland is choosing not to end the moratorium and avoid the financial and carbon cost of transporting shale gas by utilizing its own underground wealth is absurd.”

Read the entire article here.

Sponsored Recommendations

Connect with an Expert!

Our measurement instrumentation experts are available for real-time conversations.

Maximize Green Hydrogen Production with Advanced Instrumentation

Discover the secrets to achieving maximum production output, ensuring safety, and optimizing profitability through advanced PEM electrolysis.

5 Ways to Improve Green Hydrogen Production Using Measurement Technologies

Watch our video to learn how measurement solutions can help solve green hydrogen production challenges today!

How to Solve Green Hydrogen Challenges with Measurement Technologies

Learn How Emerson's Measurement Technologies Tackle Renewable Hydrogen Challenges with Michael Machuca.