Accelerated gas focus for new UK licensing round
Regulator designates four priority clusters in Southern North Sea for fast track
The UK’s 33rd licensing round, which launches at 6pm today, will inevitably be controversial in a country where a robust and vocal environmental lobby co-exists with hydrocarbons production. But regulator the North Sea Transition Authority (NSTA) looks to be aiming to tap into greater public appetite for secure domestic gas supplies to garner support for the new acreage awards. UK environmentalists have already shown their hand by warning that more licensing will not help solve the country’s so-called ‘gas crisis’ in the near term. But the NSTA has identified four priority cluster areas in the gas-rich Southern North Sea that have known hydrocarbons, are close to infrastructure and have the
Welcome to the PE Media Network
PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry
Comments