UK Prime Minister Boris Johnson
Could Boris Johnson drop a Cop bombshell on UK oil and gas?
Industry figures warn the quixotic British prime minister might choose Glasgow talks to make a grand gesture on the UKCS’ future
“At Cop in three weeks’ time, you could still get to the point where the prime minister stands up and says: ‘We are going to be the first nation to stop developing oil and gas.’ I have no idea if it is going to happen then, but it is going to happen at some point.” So said Stuart Broadley, CEO of UK supply chain industry association the Energy Industries Council, at Petroleum Economist’s LNG to Power Emea forum this week. “You can see already the UK government has stopped supporting oil and gas-related exporting. So [an end to new development] is the next step, and I think other countries will follow.” And the consensus from the London audience was that the country’s spotlight-craving leader
Also in this section
21 December 2021
The worst possible future for the country’s oil producers goes underexplored in scenario planning
21 December 2021
Production from the Heron field could peak at 9,000bl/d and feed both exports and the domestic market
16 December 2021
The JV assumes the role of Rumaila’s main contractor as a new production target is set
16 December 2021
Supply is gradually returning, but the market will remain tight into next year
