US LNG replaces North Sea gas, sparking debate on UK energy policy
- Reports
- 5
- Developments
- 7
- Repetition
- 40%
New informationRepeats or wire copies
What happened
Liquefied natural gas (LNG) from America is increasingly replacing North Sea gas resources in the market relevant to Scotland. This shift has prompted political debate regarding regional energy policy and the approach taken by Norway. Andy Burnham recently urged Norway to apply successful oil policies.
Why it matters
Industry analysis suggests that using imported LNG from America or Qatar, which is replacing North Sea gas, involves carbon emissions four times higher than using domestic production. Furthermore, the resumption of British drilling could potentially raise billions for the Treasury and unlock £50 billion in oil and gas investment.
Who's involved
- Andy BurnhamBritish politician who urged Norway to apply successful oil policies.
- NorwayCountry whose successful oil policies were urged to be applied to the UK.
- ScotlandGeopolitical state where the debate over energy production and imports is centered.
- AmericaSource of LNG being used to replace North Sea gas.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- OfgemSpeculative
Ofgem might see its energy price caps influenced by the ongoing policy debate regarding North Sea oil production.
- ScotlandSpeculative
The region in Scotland might see its core energy operations threatened by the current policy of shunning North Sea production.
- EnglandSpeculative
The economy of England might see increased capital investment and higher tax receipts if domestic drilling is resumed.
How it developed
Newest first. Tap a step to see who reported it.- A letter suggests adopting Norway's energy model.Sub-event
- UK policy compares North Sea production viability, specifically mentioning the Rosebank field, against current gas imports.Sub-event
- Andy Burnham suggests a tariff mandate for Ofgem regarding energy projects in the Western Isles/Shetland.Sub-event
Burnham urged Norway to apply successful oil policies.1 source
- Kenny MacAskill criticizes the Scottish government's evasiveness on drilling, and the SNP points to Norway's fund for independent powers.Sub-event
Blocking domestic drilling forces reliance on Norwegian gas and LNG imports, sparking political debate.1 source
US LNG replaces North Sea gas, sparking debate on regional policy and Norway's approach.1 source
Keep exploring
The entities involved
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Norway
country in Northern Europe
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Scotland
country in north-west Europe, part of the United Kingdom
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Andy Burnham
British politician (born 1970)
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America
2009 film directed by Yves Simoneau
Related events
- Groups are urging Andy Burnham to reject plans for North Sea drilling.
- BP sold its UK North Sea business as Norway's policy consistency is noted to outperform the UK's decline.
- Political discussions centered on Andy Burnham's potential visit to Edinburgh.
- Polls indicate Labour's electoral vulnerability, forcing Andy Burnham to address specific issues facing rural England.
- Andy Burnham responded to comments made by Donald Trump regarding the political situation in Scotland.
Coverage
Newest first; wire copies grouped- dailymail.com
- aol.co.ukEd Miliband is about to burn £264bn of YOUR money - Andy Burnham has to stop him - AOL
- energy-pedia.com