Energy Markets

Mary Glindon Excerpts
Thursday 5th March 2026

(1 day, 16 hours ago)

Commons Chamber
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Mary Glindon Portrait Mary Glindon (Newcastle upon Tyne East and Wallsend) (Lab)
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At a time when the UK is increasingly dependent on and exposed to internationally traded LNG, does delaying the oil and gas price mechanism not risk reducing investment in domestic supply exactly when global markets are least stable?

Ed Miliband Portrait Ed Miliband
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I agree with my hon. Friend that driving to renewables and clean, home-grown power is crucial. I would also say, as I know she takes an interest in these things, that the North sea continues to play an important role in our energy mix and will do so for decades to come.