2024-01-08 19:37:20
The licences to drill for oil in the North Sea, as well as the equipment and platforms etc required extract the oil, belong to the companies doing the extraction. These companies have no obligation to sell this oil to the UK. It will be sold on international markets. [Link] NEEDS_MORE_RATINGS(15-0-7) Author
2024-01-09 06:46:23
In a written response to parliamentary questions the UK Government admitted that around 80% of the oil produced in the UK is refined overseas and added: “It is not desirable to force private companies to ‘allocate’ oil and gas produced in the North Sea for domestic use.” [Link] NEEDS_MORE_RATINGS(11-0-6) Author
2024-01-11 09:23:06
It is reasonable to suggest that having North Sea oil is more secure than imports because in extremis, e.g , during a war, a government could divert all production to the UK. NEEDS_MORE_RATINGS(6-2-3) Author
2024-01-12 19:46:46
The govt's 'Digest of UK Energy Statistics, Annual data for UK, 2022' published July 2023 Chapter 4 showed Gas production increased 16% & Net Imports were down 26% confirming Ms Cates' claims, and destroying CN's claiming otherwise. [Link] NEEDS_MORE_RATINGS(1-1-0) Author