News

INEOS Shale disappointed by council's decision on Woodsetts

  • Decision taken by Rotherham Metropolitan Council is to refuse permission for vertical core test well at Woodsetts
  • Decision taken in light of majority of external statutory consultees siding with INEOS’ arguments
  • Shale gas is of strategic importance to the UK, and could alleviate security of supply needs

INEOS Shale is disappointed by the news that Rotherham Metropolitan Borough Council officers have refused the application for test core drilling at Woodsetts. We feel that that the plans presented offer the right amount of ecological mitigation as part of what is straightforward application. The fact that a majority of external statutory consultees agree that this is the case, exemplifies this point.

The application allows for the drilling of a single vertical core bore well to gain scientific knowledge of what is below the surface, which has been agreed by many Councils many times in the past to support the coal industry. This is no different. It is important to note that a completely separate application must be made for the extraction of gas.

Shale gas is a resource that is of strategic importance to the UK and issues of energy security always have to be factored in. As last week demonstrated, the UK’s energy supply is in a much weaker position than many believe, with sudden adverse weather events bringing the UK to the brink of running out of gas. Not only does this have a knock-on effect on industry, there is the real potential that domestic consumers will be unable to heat their homes in times of energy stress. Shale gas is offering us the potential to have our own native natural gas industry, strengthening our security of supply and making us less reliant on countries such as Russia or the middle East.

Rotherham relies on manufacturing jobs at places such as at Liberty Steel, but these are not secured or created without investment and there is precious little investment in the North of England in manufacturing at the moment. Recent figures on jobs and investment estimate that the shale industry is expected to bring in £33 billion of investment into England alone over the next two decades. Furthermore, shale gas offers the potential to bring down energy prices. High energy costs are badly affecting businesses up and down the country and was one of the reasons cited in the recent near closure of Liberty.

The resources beneath our feet can be used to create jobs, heat our homes, go a long way towards self-sufficiency and improve our balance of payments and the environment all at the same time.

ENDS

Contacts

Richard Longden (INEOS) 0041 21 627 7063 or 0041 7996 26123
Andrew McLachlan (Media Zoo) 020 7384 6980 or 07931 377162
Joseph Wade (Media Zoo) 020 7384 6980 or 07758 074576
Joseph Moss (Media Zoo) 020 7384 6980