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Amtex Oil And Gas: Divide The English Shale Gas Production In Europe?

Written By: - Oct• 23•15

Now it has come: follows the first European country to the pioneering United States and United Kingdom plans to massively expand the exploitation of shale gas deposits with the help of the controversial fracking. Dallas, 07.078.2013. To do this, should investors in, which promises the most generous tax regimes for the development of shale gas. Fracking is highly controversial among experts, as polluting chemicals are used in the production. Nevertheless, the English Government wants to tax promotion of shale gas with 30%, while she conceded 62% taxes in most oil and gas fields in the North Sea.

Geologists here expect that the existing reserves of shale gas in North of England could meet the needs of Britain for several decades. With the support for the fracking the British settle clearly from other European countries in Europe, which is expressed in a variety already against it. The thrust of the United Kingdom could bring unrest to think European. Because, the reasoning seems clear: Britain wants to create thousands of jobs by promoting the shale gas potential and keep the energy costs of millions of people. In addition to United Kingdom, also Poland and the Ukraine put on the promotion of shale gas potential. The Governments of France and Bulgaria adopted fracking prohibitions against it. Germany has put at least until the Bundestag election in September on hold the subject, keeps promoting – at least for environmental reasons out – for critical.

However, environmentalists fear that European pressure to energy prices could motivate also Germany to reverse. But an environmental hazard posed by promoting about fracking in any case, this is uncontroversial. This involves not only the question of the introduction of chemicals into the ground water exposure, experts also warn that hundreds if not thousands of individual holes would have to be performed to exploit a shale gas field. Especially in dense populated regions this was connected with a high noise for local residents. The concern for the poisoning of groundwater earned well the German brewery Association on the plan: he recently warned against the use of chemical cocktails, a mandatory requirement for the fracking. It remains to be seen whether the new Government adheres to the previous plans, and also maintains a ban on fracking. Maybe it’s even the old. Then she should can be measured on their today’s decisions.

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