The French energy giant Total is in talks with Danish regulators on relinquishing the company’s shale gas acreage in northern Zealand. According to Total, the reason for the withdrawal was the faililure on behalf of the company to find sufficient deposits.
“The reason is that our studies have shown that the shale layers turned out to be very thin in North Zealand,” project coordinator Henrik Nicolaisen told Danish daily Politiken.
As a result, Total said it was in talks to relinquish the licence but had no immediate further details.
“They have told us that they will return the licence,” agency spokesman Ture Falbe-Hansen told AFP
Total’s decision will not influence its shale exploration work in northern Jutland, which will continue after being temporarily shut down by Danish energy officials last week.
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