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mick001

505 Posts.

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16/11/22

18:00

Post #: 64814907
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Originally posted by hightrax: ↑

Albania has had a nasty experience of fracking by a small Chinese Co which took over an oilfield there, (the biggest in the EU!) and made a proper mess. Cracking buildings, toxic water all around and etc. But I would suggest that there are frackers and there are frackers. The Chinese in Albania have been el cheapo, very low quality and careless. AJL has plenty of experience in extracting gas from coal seams in Australia. It is a big contractor in the drilling and setup side of things. Gas is extracted from coal seams partly because it is there and also because it de-risks coal mining underground in coal seams with a high gas content. There is a willing market for the offtake of course in Asia.
Getting a quality outfit in means a quality job, normally.
The environment and safety are of course very important, but it is wise to be sensible and not paranoid, which is what the UKs approach has been to date methinks., especially as energy policy the UK has made a right mess all by itself with intermittent and very problematic windfarms and so on. Britain will collapse economically if this incompetent zealotry based on fake science is allowed to go on. This is already arguably well underway.

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give it up mate

AJL Price at posting: 3.3¢ Sentiment: None Disclosure: Held
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