The North Sea Transition Authority (NSTA), the UK Government agency for oil and natural gas, has expressed concern about the slow pace of North Sea development plans that may mean more future demand for liquefied national gas, pipeline gas and oil imports for the UK to avert an energy crisis.
The United Kingdom, one of Europe’s largest liquefied natural gas importers and with new natural gas projects planned for the North Sea, is set to roll back and delay Net Zero emissions policies with Prime Minister Rishi Sunak declaring that Britain’s new response to the climate change dilemma has to be a “proportionate” one rather than being imposed on ordinary people by an elite minority, personified by Sunak himself who is a former investment banker with a vacation home in Santa Monica, California.