Jackdaw Gas Production Approved Despite Officials Admitting No Bill Reduction
- Reports
- 4
- Developments
- 3
- Repetition
- 25%
New informationRepeats or wire copies
What happened
The government approved the Jackdaw offshore natural gas field, located 150 miles east of Aberdeen. Energy Secretary Miatta Fahnbulleh granted the consent, stating the gas will begin supplying the UK from this winter. However, Miatta Fahnbulleh also admitted that the Jackdaw project will not reduce consumer bills. The field is expected to contribute up to six per cent of UK-produced gas at its peak.
From thenational.scot, baystreet.ca
Why it matters
The approval supports the UK government's stated goal of strengthening energy security with homegrown gas. Critics note that the field is relatively small, expected to supply only the equivalent of about 2% of UK gas demand over its lifetime. The decision occurred despite Labour's pledge to end new oil and gas licenses.
The Jackdaw and Rosebank fields are facing a critical decision point regarding their future, coinciding with a broader debate on energy policy and net zero targets.
From thenational.scot, baystreet.ca
Who's involved
- ShellMajor North Sea operator potentially benefiting from the approval.
- Miatta FahnbullehEnergy Secretary who granted the official consent for the gas production.
- Andy BurnhamPolitician who appointed Miatta Fahnbulleh as Energy Secretary.
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.
- ShellSpeculative
Shell might see increased revenue from the new production asset in the North Sea.
- AberdeenshireSpeculative
Aberdeenshire could see sustained regional industry activity due to continued gas production.
- EnglandSpeculative
England may see increased energy supply from the approved gas field.
- Great British EnergySpeculative
Great British Energy could face increased regulatory risk to clean energy transition goals due to the policy favoring fossil fuels.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Jackdaw gas approval boosts Equinor's North Sea assetsJackdaw gas approval boosts Equinor's North Sea assetsLikely
- Jackdaw gas field approval reinforces Aberdeen's energy hub statusJackdaw gas field approval reinforces Aberdeen's status as key energy hubLikely
- Jackdaw gas approval forces Scottish Government to balance stability and climate goalsThe Scottish Government must balance energy stability against the climate impact of Jackdaw gasPossible
How it developed
Newest first. Tap a step to see who reported it.Jackdaw gas production approved despite Energy Secretary admitting it won't lower consumer bills.1 source
Key figures discuss UK energy policy and the future of Rosebank and Jackdaw projects.1 source
Jackdaw gas near Aberdeen will supply homes; Hoyle referenced Aberdeen in PMQs.1 source
Keep exploring
Part of
UK energy policy clash over Rosebank and Jackdaw fieldsAlso in this story
- Bowie criticized Burnham over Rosebank delays, while Fahnbulleh's approval of Jackdaw was postponed until the Holborn by-election.
- The government is scheduled to decide on the future of the Rosebank oil field.
- The Secretary is likely to approve the Rosebank oil field, while Shell participates in a joint venture and Robin Wells criticizes fossil fuel expansion.
- The Rosebank and Jackdaw projects are recognized as major opportunities to strengthen the UK's domestic energy security and gas supply.
The entities involved
-
Shell
British multinational oil and gas company
-
Rosebank
place in Gauteng, South Africa
-
Miatta Fahnbulleh
liberian-born british economist and politician