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<p>On the basis of the information available to Government, there is no reason to expect that exploration activities will have any adverse effect on the insurance premiums of the properties located within the vicinity of exploration activities.</p><p>There has been no evidence of any such effect in the UK to date, in over half a century of oil and gas exploration and production. Gas and oil produced from shale rock through hydraulic fracturing should be broadly similar to the existing gas and oil production in terms of the impacts on health, local amenity, traffic movements</p><p>and so on. The activities will be subject to the same robust safety and environmental regime, supplemented by new controls against the risk of earthquakes.</p> |