North Sea licences
June 28 (LNGJ) - The North Sea Transition Authority (NSTA), the UK government offshore energy body, has pledged to continue natural gas and oil production in the North Sea rather than letting the region become solely a dumping ground for carbon-dioxide under projects being pushed by anti-hydrocarbon lobbyists.
The NSTA assured the oil and gas industry at a forum that it was working to progress more than 21 projects capable of producing 1.5 billion barrels of oil and gas, while awards from the UK’s 33rd oil and gas licensing round are expected later in 2023. The UK government tried to assure the industry that it was also moving to put a price floor on the Energy Profits Levy (EPL) to boost investor confidence and encourage investment in oil and gas projects with more costly emissions reduction technologies.
Norwegian natural gas pipeline operator Gassco to expand details of maintenance and incidents
Gassco, the Norwegian natural gas pipeline operator and one of the main competitors to LNG, said it would in future provide more details on planned maintenance, unplanned incidents and the flow of gas in and out of the transport system.
LNG and pipeline gas users like UK and Mexico had drops in energy-linked CO2 amid global rise
Natural gas using nations and big pipeline and liquefied natural gas importers like the UK, Mexico and Japan were singled out by the International Energy Agency as countries that experienced drops in energy-related, carbon-dioxide emissions in 2017 as the global CO2 total rose.
European network and LNG terminal owners raise stakes in Interconnector UK gas pipeline
European natural gas pipeline and LNG terminal companies, Fluxys of Belgium and Snam of Italy, have agreed to buy the one-third stake held in Interconnector UK, the bi-directional pipeline linking the UK to Belgium and the Continent, from a Canadian fund.
