Gas imports leave North Sea supplies in the cold

Britain is now importing more gas than it produces from declining North Sea gasfields. Gas is being piped over from Norway and Belgium, while ships carrying liquefied gas arrive from Africa and the Middle East. There is currently a gas glut in Europe due to the availability of liquefied natural gas (LNG), meaning the big European utilities are being forced to pay for gas for which they have no market.

News Item details

Please login to save this item