Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government, in the light of the report by the North Sea Transition Authority Reserves and Resources as at end 2024 published 17 October, whether they plan to review their policy not to issue any new drilling licences.
The Government has committed not to issue new oil and gas licences to explore new fields. In the ‘Building the North Sea’s Energy Future’ consultation, it sought views on how to implement that commitment.
The Government is considering evidence from a wide range of sources as part of that process, including the latest evidence from the North Sea Transition Authority.
The Government will issue a response to the consultation in due course.