Fracking: Costs

Department for Business, Energy and Industrial Strategy written question – answered on 16th April 2019.

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Photo of Rebecca Long-Bailey Rebecca Long-Bailey Shadow Secretary of State for Business, Energy and Industrial Strategy, Member, Labour Party National Executive Committee

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to his Written Statement of 25 January 2018, if he will publish the outcome and ancillary assessment documentation of all financial resilience tests to confirm an applicant’s ability to fund decommissioning costs pursuant to the process outlined to secure final consent to hydraulically frack.

Photo of Claire Perry Claire Perry The Minister of State, Department for Business, Energy and Industrial Strategy, Minister of State (Business, Energy and Industrial Strategy) (Energy and Clean Growth)

The Government has published the outcome of all financial resilience assessments completed to date as part of the decision document issued when granting Hydraulic Fracturing Consent. These can be accessed at the following links:

https://www.gov.uk/government/news/decision-announced-on-the-hydraulic-fracturing-consent-application-by-cuadrilla-bowland-ltd; and

https://www.gov.uk/government/publications/hydraulic-fracturing-consent-hfc-application-by-cuadrilla-bowland-ltd-preston-new-road-site-pnr-2-decision-notice.

The Government has no plans to release any further ancillary assessment documentation as this contains commercially sensitive information.

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