UK Rejects Case For Relaxation Of Fracking Regulations-FT

Britain has rejected the case for a relaxation of fracking regulations despite warnings that the current system is “strangling” the industry, the Financial Times reported on Jan. 13.

Energy Minister Claire Perry has dismissed pleas by shale gas developer Cuadrilla for rules to be loosened, the FT said, citing a letter from Perry to the company’s chief executive.

Cuadrilla, which hopes to become the first in Britain to start commercial fracking for gas, has been forced to pause operations at its site near the coastal town of Blackpool in northwest England over the past three months after its tests triggered tremors exceeding 0.5 magnitude.