Total calls off Danish shale gas probe

Total has ceased exploration for shale gas in Denmark, citing the limited amount found.

The French energy company has spent in the region of $62m in its search near the northern town of Frederikshavn, the project has so far cost Total an estimated €40 million since it first began in 2014. The company has not ruled out a future effort at discovery.
“It’s positive that we have proven that there is shale gas. This was not certain. So it may not mean that the search for shale gas in Denmark is over. We still have a license until June 2016,” Total spokesman Henrik Nicolaisen said.

Lars Lilleholt, Denmark's Minister for Energy, said that he did not expect more fracking in the country in the near future, as the government has not approved new licenses to other oil and gas companies.

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