Politics

Industry body says offshore fields can support 40% of UK’s gas consumption



The UK’s offshore fields can help round 40% of the nation’s gasoline consumption and two-thirds of its oil consumption over the following two years. That is the declare from Offshore Energies UK, the business physique which has revealed its strategy to delivering what it calls “secure clean energy” now and sooner or later.

It follows the UK’s dedication to section out Russian oil imports by the tip of the 12 months in response to the conflict in Ukraine. Together with different European nations, the UK can also be contemplating plans to wean itself off Russian gasoline imports. Russian imports account for round 10% of UK oil and petroleum product wants and 4% of UK gasoline provide.

Offshore Energies UK, till not too long ago often called Oil and Fuel UK, mentioned it was a “responsible and reliable energy partner” however referred to as for speedy choices on the restoration of hydrocarbon belongings. It mentioned it will proceed to cut back its carbon footprint as set out within the North Sea Transition Deal.

The report mentioned: “With sustained and visible government and regulatory support, industry can contribute around 40% of UK gas consumption and the equivalent of more than two-thirds of oil consumption throughout the next two years.” It additionally requires the specification of gasoline to be widened to extend portions that may be delivered to the system from current manufacturing.

Offshore Energies UK chief government Deirdre Michie mentioned: “We look to events taking place in Ukraine with horror. Many energy producer companies have withdrawn from Russia, and we recognise the UK Government’s commitment to phase out Russian oil imports by the end of this year.

“For over 50 years, the UK offshore energy industry has helped meet the UK’s power and fuel needs with domestically produced oil and gas, and the industry is committed to being a reliable and responsible energy partner. The changing context does not change the facts, and we continue to accelerate both the decarbonisation of our sector and the solutions required to decarbonise the UK economy. Today we outline our plan underpinning the delivery of secure clean energy for the UK today, tomorrow and in future.”

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