UK warned it needs to drill in North Sea amid global instability
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UK warned it needs to drill in North Sea amid global instability
"Offshore Energies UK asserts that the UK must 'urgently' enhance its domestic oil and gas production from the North Sea, citing environmental and energy security concerns. The analysis indicates that gas extracted from the North Sea has a lower emissions footprint compared to imported liquified natural gas (LNG)."
"The report from OEUK urges the British Government to support domestic oil and gas extraction, including new North Sea drilling, alongside renewable energy initiatives to safeguard the nation's energy supply."
"OEUK's 2026 business outlook report contends that the UK will continue to require substantial volumes of oil and gas for decades, even as renewable energy adoption accelerates."
"The report warns that without increased domestic production, the UK risks growing dependence on energy imports at a time of heightened global instability."
The UK is urged to boost domestic oil and gas production from the North Sea due to environmental and energy security concerns. Offshore Energies UK emphasizes that North Sea gas has a lower emissions footprint than imported liquified natural gas. A report advocates for government support of new drilling alongside renewable energy initiatives to secure the nation's energy supply. It highlights the ongoing need for substantial oil and gas volumes, warning against increased reliance on imports amid global instability.
Read at www.independent.co.uk
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