The UK Government has granted new oil and gas licences in an effort to improve energy security. The licences prioritize sites that can go into production quickly. This is the 33rd round of oil and gas licensing in the UK, with a total of 931 blocks and part-blocks made available for application. The move is part of the government's commitment to net zero by 2050.
In what is set to be only the first round of new licences, priority has been given to sites which have the potential to go into production within a shorter timeframe.It is the 33rd round of oil and gas licencing in the UK. A total of 931 blocks and part-blocks were made available for application on October 7, 2022.
"The UK Government is committed to net zero by 2050 and oil and gas will remain an important part of our energy mix on this journey. He told The National:"“It is an environmental disaster. Every one of these reckless new licences is a further step towards climate breakdown.“There is no sustainable future in endless oil and gas drilling. We urgently need to reduce our dependence on fossil fuels and make an urgent and lasting investment in the green jobs and industries which are so vital to tackling the climate crisis.have finally left Downing Street.
“It’s common sense to reduce our reliance on foreign imports and use our own supply – it’s better for our economy, the environment and our energy security.
UK Government Oil Gas Licences Energy Security Production Net Zero
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