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To ask the Secretary of State for Business, Energy and Industrial Strategy, with the Prime Minister's oral contribution of 25 October 2017, Official Report, column 300, what the evidential basis is for shale gas to support thousands of jobs in the oil and gas industries and in other sectors; and if he will make a statement.
The evidence for the contribution was from two reports from Ernst and Young and the Institute of Directors (entitled “Getting Ready for UK Shale Gas” and “Getting Shale Gas Working” respectively). The reports concluded that development of shale gas in the UK could provide thousands of jobs in areas of exploration and production.
The economic impact of shale, both locally and nationally will depend on the level of production; but there will clearly be opportunities for UK firms. To determine the potential of the industry, we need exploration to go ahead which Government is encouraging.