Diminishing the national significance of British shale natural gas work creates unnecessary delays for developing the fledgling industry, a trade group said. A select committee in the British Parliament published a sweeping guidance report on hydraulic fracturing in the country. The British government estimates shale basins in the country may hold more than 1.3 quadrillion cubic feet of natural gas, a level it said could help the economy because natural gas imports are on pace to increase from about 45 percent of demand to 76 percent by 2030. Shale natural gas development is in its infancy in the country, though the British government has moved in the past to fast-track the permit process. Cuadrilla Resources, a pioneer […]