Gas Storage Levels

John Cooper Excerpts

Monday 13th January 2025 Commons Chamber

[Michael Shanks]

These are commercial decisions for Centrica, although if it brings those decisions to us, we will of course look at them. Let me reiterate that the UK has a robust set of storage facilities to ensure security of supply. Rough is one of them, but at moments such as this, in the winter, it is not the most important, because it is the slowest to move gas into the system. The remainder are in an entirely robust state and will continue to deliver, but as I have said, what it chooses to do with its site is a commercial matter for Centrica.

[John Cooper (Dumfries and Galloway) (Con)]

We have heard in the House today about an over-reliance on gas, but surely, in reality, it is an over-reliance on imported gas. The forces of this Government seem to be driving us into the hands of foreign suppliers, and as much as 80% of our gas may be imported by 2030. Should we not support domestic sources of oil and gas, and back the 200,000 industry jobs found in constituencies across the land, rather than pushing those people off a cliff?

[Michael Shanks]

I take issue with two of those points. First, in the past decade, 100,000 jobs have already been lost from the oil and gas industry, and that happened under a Government whom the hon. Gentleman supported. The industry is changing. We are putting in place a robust set of plans to help the workforce into the jobs of the future, rather than burying our heads in the sand and pretending that the basin in the North sea is not super-mature. Secondly, even if we were to extract more gas from our continental shelf, given that it is traded on an international market, and the pricing is set not by us but by the international market, we would continue to pay more for it, whether or not it came from the North sea, so that would not deal with the pricing issue reflected in the hon. Gentleman’s question.