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UK plans for fracking are unsustainable warns a new report

12 Aug 2013 12:00 AM | Anonymous

An energy industry report has warned that the UK governments’ attempts to stimulate the UK’s fledgling fracking industry are unsustainable.

The report from energy consultants Oilandgaspeople.com revealed that the development of UK fracking is likely to be hindered by a shortage of rigs and specialised staff and equipment.

The report suggests that the government’s financial incentives are unlikely to succeed in developing the UK’s fracking industry. Shortages will also be compounded by a lack of resources in the energy sector, with businesses starched by a global oil and gas boom in multiple locations besides the UK.

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