Half of the UK’s oil and gas needs can be produced at home, the industrial body says

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The British “Proper Working Conditions” has reduced the reduction in the increase in oil and gas needs, more carbon in intensive imports, he said.

Marine Energy Great Britain, the country’s 2050 Nurse’s 2050 Net Zero Waste Road to 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion 15 billion.

However, the North Sea can produce 2bn-3bn barrels more than £ 200 pounds from £ 200 expected to £ 200, to add an economic value of £ 200.

Oeuk’s forecast released on the annual business worldview on Tuesday implements industrial work to provide itself in terms of import dependence as a British government Tips Future finance, regulation and environmental regimes for the North Sea.

“We need to produce oil and gas in the UK – and we have to be aimed at producing most of ourselves,” David Whitey, OEUK CEO. “This requires new projects to meet the target, but most will come from existing licensed areas.”

OEUK wants to immediately reduce the wind to assess low prices down and encourage investment in expensive northern sea drilling operations.

Since 2030 Oil and gas sector Only regular taxes will be returned, it is currently about 40 percent, but automatically make more contributions If wholesale prices rise in unusual levels.

The payment of oil and gas benefits was presented in 2022 in response to energy prices after Russia’s occupation to Ukraine.

Last year, the government increased the title taxes for producers by 2030 to 68 percent by 2030, and the government increased by 38 percent.

“When the prices of the past have fallen, it should be taxed,” he said.

The government, which acknowledges previous changes in oil and gas financial regime, hopes to give investors more confidence on future taxes.

The report emphasizes that in June 2024, “Historical Low Prices”, which is of “historical low prices”, with high taxes, in addition to high taxes, and the price and exit.

OEUK, as well as the government, supporting more local production, called the import of imported natural gas from the consumer mix of liquefied natural gas.

About 17 percent of the British gas imports were caused by the United States LNG, four times the US Internal Gas Production.

The government said that it will not allow new oil and gas licenses, but will not review additional production around existing objects. He added that it will be necessary to increase access to the full potential of new licenses.

Tessa Khan, the leading director of an organization that supports the stage of the fossil fire, defended the “Fantasyed” oil and gas industry.

“If these production figures are given more tax benefits or are higher than the industry, or prices are very high, it is punishing ordinary people who are not able to pay their energy documents already,” he said.

The new household product “will close the outdated, expensive energy source for a longer term,” he said.

Rachel Reeves, Chancellor, Sunday, said that it develops Rosebank and Jacdaw Despite legal problems related to the main reason for the environment, oil and gas will be ahead.