Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what steps they are taking (1) to encourage, and (2) to secure, investment in UK Continental Shelf gas fields (a) to expand production, and (b) to strengthen security of energy supply.
On 14 March, my rt. hon. Friend the Prime Minister hosted a roundtable of leaders in the UK’s offshore oil and gas industry to discuss domestic energy security, increasing investment in the North Sea oil and gas industry and boosting supply of domestic gas.
The North Sea Transition Authority plans to launch another licensing round in the autumn, taking into account the forthcoming climate compatibility checkpoint.