Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department plans to take steps to phase out North Sea oil and gas developments.
The UK still needs oil and gas for heating, cooking, transport and electricity generation during the energy transition. In meeting net zero, the UK’s use of both these fuels is set to reduce significantly.
The production of natural gas from the UK Continental Shelf creates under half the greenhouse gas of imported Liquefied Natural Gas. Turning off the UK’s domestic source of oil and gas now would put energy security and British jobs and industries at risk. Therefore, the North Sea Transition Authority plans to launch another licensing round this autumn, taking into account the forthcoming climate compatibility checkpoint.