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<p>The shale gas industry has the potential to provide the UK with a new domestic
energy source, reducing our need for imports, providing more jobs, and contributing
to economic growth. However, the industry is at the very early stages of exploration
and we do not yet know how much of the UK’s shale resources can be extracted technically
or economically and what the contribution to the UK economy could be.</p><p> </p><p>We
will continue to support responsible companies, working within our stringent regulatory
regime, who are prepared to invest in this industry as they proceed with the exploration
process, to test the size and value of the potential reserves.</p>
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