London (PRWEB UK) 23 December 2013
Fracking and the development of unconventional gas in Europe could create one million new jobs and add up to £3 trillion to the value of European economies, new research has found. Shale gas has the potential to make flagging industries more competitive and reduce dependence on expensive energy imports but is under threat from European Union regulators who fear the environmental impact of extracting the resources. The research is being published as the European Commission prepares legislation later this year to regulate shale gas extraction through hydraulic fracturing. The study is the first to quantify and attempt to measure how much Europe’s economy could benefit from domestic shale gas production if exploration is allowed to take place over the next two decades. Against this backdrop, Poland's environment ministry are already preparing a draft law to regulate the exploration and extraction of shale gas before the end of the year, and the UK Government are already offering financial incentives to encourage applications from developers for drilling licenses.
(Source: Natural Gas Europe, 25 Nov, 'Shale predicted to add £3 trillion to Europe's economies', http://www.naturalgaseurope.com/shale-predicted-to-add-3-trillion-to-european-economies)
SMi’s 7th annual Unconventional Gas conference will bring together the foremost experts in unconventional gas to understand how to promote stakeholder value and explore best practices towards commercialisation. The two-day event will feature keynote presentations and case studies focusing on maximising the potential of this industry to secure future energy supply highlighting important themes such as supply chain, technology, planning, and the social license to operate from an array of developers including 3Legs Resources, Reach Coal Seam Gas, PGNiG, Breitling Oil and Gas, Tamboran Resources, BP and BNK Polska Sp. z.o.o., among others.
Speaker Panel includes:
- Kamlesh Parmar, CEO, 3Legs Resources
- Graham Dean, Managing Director, Reach Coal Seam Gas
- Marcin Lewenstein, Director, Department of Strategy, PGNiG
- Chris Faulkner, CEO, Breitling Oil and Gas
- Tony Bazley, Director, Tamboran Resources (UK) Ltd
- Kai Dunker, Lead Economist Global Gas Markets, BP
- Andrzej Nentwig, Head of Legal Affairs, BNK Polska Sp. z o.o
- Joe Howe, Director, Centre for Energy and Power Management, University of Central Lancashire
- Tomasz Minkiewicz, Partner, Energy and Projects, CMS Cameron McKenna
- Kevin Skipworth, Agent General, Government of Western Australia
- Ken Cronin, Chief Executive, United Kingdom Onshore Operations Group
To view the full speaker line-up and conference programme, visit http://www.smi-online.co.uk/2014unconventional-gas7.asp.
Regulatory and environmental issues in shale gas exploration in the UK and Central & Eastern Europe Pre-Conference Workshop | Led by CMS Cameron McKenna LLP.
This half-day workshop will enable participants to gain a greater understanding of some of the practical issues to be addressed by those organisations looking to explore for and produce shale gas in Europe, with a focus on issues specific to some of the key markets, namely the UK and Central & Eastern Europe.