Liquefied Natural Gas: Contracts

(asked on 14th March 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to help put in place long-term liquified natural gas contracts with counterparties including Qatar and the United States to secure security of supply.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 17th March 2022

Energy security is an absolute priority for this Government. The Government has highly diverse and flexible sources of gas supply and a diverse electricity mix, which ensure that households, businesses and heavy industry get the energy they need. Despite the high prices, the market continues to balance supply and demand.

The Government already receives regular shipments of liquified natural gas (LNG) from Qatar, and other LNG suppliers, as part of existing commercial arrangements between buyers and sellers.

The Government has regular discussions with key energy partners around the world ahead of winter and to discuss the global transition to clean energy.

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