Infrastructure Bill Report Stage

26 January 2015

Responding to the votes on the Infrastructure Bill at Report Stage today, Ken Cronin, Chief Executive of UKOOG, said:

"It is good news that MPs have rejected the misguided attempts to introduce a moratorium on hydraulic fracturing. Most of the amendments agreed are in line with best practice in the industry or codify the directions of regulators, which the industry would naturally comply with. We now need to get on with exploratory drilling to find out the extent of the UK’s oil and gas reserves."

ENDS

Contacts:

Deborah Saw/Jason Nisse 0207 680 6550/07966 224 147 This email address is being protected from spambots. You need JavaScript enabled to view it.

About UKOOG:

UKOOG is the representative body for the UK onshore oil and gas industry, including exploration, production and storage. The organisation’s objectives are to enhance the profile of the onshore industry, promote better and more open dialogue with key stakeholders, deliver industry wide initiatives and programmes and to ensure standards in safety, the environment and operations are maintained to the highest possible level. Membership is open to all companies active in the onshore industry including those involved in the supply chain.
www.ukoog.org.uk

It is good news that MPs have rejected the misguided attempts to introduce a moratorium of hydraulic fracturing. Most of the amendments agreed are in line with best practice in the industry or codify the directions of regulators, which the industry would naturally comply with. We now need to get on with exploratory drilling to find out the extent of the UK’s oil and gas reserves.