09 March 2012 18:35 [Source: ICIS news]
HOUSTON (ICIS)--Europe needs a systematic hydraulic fracturing fluid disclosure programme, much like the US’s FracFocus website, the CEO of ExxonMobil said on Friday.
Rex Tillerson, the chief executive of ExxonMobil, said such a programme would help the policymakers and the public be more confident that shale gas can be produced safely and responsibly.
FracFocus is a website that lists some of the chemicals used in hydraulic fracturing. FracFocus is managed by the Ground Water Protection Council and the Interstate Oil and Gas Compact Commission.
“Natural gas from shale holds tremendous promise in many places in Europe due to its lower carbon intensity and suitability for power generation, but we want policymakers and the public to be confident that it can be produced safely and responsibly,” Tillerson said during the IHS CERAWeek energy conference in Houston.
“ExxonMobil believes that a comprehensive disclosure programme allows citizens and communities to consider this technology with a strong factual foundation. We believe that will lead to open discussion about environmental protection and risk management, and the potential benefits of shale development in Europe,” Tillerson added.
IHS CERAWeek ends on Friday.
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