Ineos is planning as many as 30 applications for fracking sites in the UK within the next year. Ineos estimates that it will be at least five years before any of its UK wells are actually producing shale gas. Fracking, Ineos says, would help the UK become less dependent on other nations and would supplement dwindling North Sea resources. As the US fracking industry has matured, lessons were learned, making it easier to replicate best practices on fracking sites in the UK. To ease the inconvenience of light, noise and traffic during drilling, Ineos has also pledged 6% of its profits to the UK communities where it will frack.

Source: The Guardian September 17, 2016 15:00 UTC