Shale Gas Extraction

Ian Lavery Excerpts
Thursday 22nd September 2022

(2 years, 3 months ago)

Commons Chamber
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Jacob Rees-Mogg Portrait Mr Rees-Mogg
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Except that thermal energy has no seismic limit on it, whereas there was a 0.5 limit on shale gas, which made it almost impossible. That was a policy that was designed to stop any shale gas being extracted.

Ian Lavery Portrait Ian Lavery (Wansbeck) (Lab)
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Can the Secretary of State confirm what recoverable reserves of shale gas we have here in the UK? What percentage of global or even national demand would that shale gas be likely to meet, and what impact would that have on the global price of natural gas?

Jacob Rees-Mogg Portrait Mr Rees-Mogg
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We need to get on with the exploration and the test drilling to see how realistic the forecasts are. A report in 2012 set out the potential for shale gas, which is very large, but the question that the hon. Member raises—how much of that will be realistically extractable?—is the right one, and it requires drilling to take place to find out.