London | Mining services company AJ Lucas's big bet on British shale gas exploration looks to have backfired, after the UK government on Saturday slapped a fresh and seemingly indefinite moratorium on fracking.
Cuadrilla Resources, the British explorer that AJ Lucas half-owns, now faces a hugely uncertain future, after Prime Minister Boris Johnson's government said fracking could not restart until there was "compelling evidence" it was safe.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
