Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of future trends in the growth of the global liquefied natural gas market on UK businesses over the next ten years.
The Government expected a significant growth in global LNG supply in the coming years, particularly from 2025 onwards, as large amounts of new supply, particularly from the US and Qatar, become available to the global market. The United Kingdom has one of the largest LNG import infrastructures in Europe, so much of this is likely to be available to the UK.