Fracking: UK shale reserves may be smaller than previously estimated

Previous projections of the potential amount of shale gas under the UK may have been significantly overestimated, according to a new study.

Instead of 50 years of gas at the current rate of consumption, this new research suggests there are just 5-7 years’ supply.

But the UK’s fracking industry, which represents companies like Cuadrilla, dismissed the report.

The said the sample size was too small to draw serious conclusions.