INEOS aims to become the leading player in the UK Shale Gas Industry

20 November 2014

At a glance

INEOS plans to invest $1 billion in UK onshore Shale gas exploration and appraisal, with potential for further investment in development and production
INEOS could become the biggest player in the UK's Shale gas industry if it wins all the Petroleum Exploration and Development licences it has bid for
The majority of INEOS bids are in Scotland and the North of England, areas with mining or industrial heritage
INEOS believes that a Shale gas industry in the UK could transform manufacturing, and is committed to safe and responsible extraction practices

INEOS plans to invest $1 billion in UK onshore Shale gas exploration. If awarded all Petroleum Exploration and Development licences, it would become the biggest player in the UK's Shale gas industry. INEOS believes in the potential of a Shale gas industry to transform UK manufacturing and is committed to sharing revenues with local communities.