Ineos - run by Britain's richest man Sir Jim Ratcliffe - has warned it could abandon its plans to frack in England unless rules governing the fledgling shale gas industry are relaxed.
That's according to the Financial Times which has received the information from a Freedom of Information request.
Representatives of Ineos told Andy Samuel, chief executive of regulator the Oil & Gas Authority, that the company wanted a new “sensible” limit on the size of earth tremors before fracking had to be halted.
According to the FT, official minutes of the meeting, which did not disclose those present, state that the company was “keen to have a dialogue” with the UK government on the 0.5 seismic limit, which Ineos believes is “artificially low”.
In February, Sir Jim said the government was "shutting down shale by the backdoor" with "no coherent energy policy" in place for the UK.