U.K. Shale Gas Won’t Be Enough to Stop Imports, Minister Says

Exploitation of shale resources in the U.K. won’t provide enough natural gas to end the nation’s reliance on imports from Norway and Qatar, according to Energy Minister Charles Hendry.

“We recognize that we’re now net importers of gas, and even though we can stretch out the use of our own resources from the U.K. continental shelf, we are going to remain net importers,” he said today in London. “I don’t see shale gas developments being able to happen in the United Kingdom on a timescale that would turn that around.”

To contact the reporters on this story: Alex Morales in London at amorales2@bloomberg.net; Matthew Brown in London at mbrown42@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

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