LNG

May 18 (LNGJ) - UK shale-gas developer IGas Energy said it welcomed the UK Government’s support and commitment to the industry as laid out in a written ministerial statement. “It reiterates that shale-gas development is of national importance,” said IGas. The government also plans to publish revised planning guidance soon for shale development that could eventually lessen the need for LNG imports. “We welcome the Government’s commitment to pursue safe, secure and affordable supplies of energy,” said Stephen Bowler, IGas Chief Executive. “We currently import 50 percent of our gas requirement at a significant financial cost to the UK taxpayer of over £13 million ($17M) a day,” he added.