UKOOG reaction to energy policy update

18 November 2015

UKOOG welcomes the reiteration of government policy towards onshore oil and gas. In 2000 the UK produced enough to cover all our gas needs but just 15 years on we rely on imports for nearly half of our natural gas. In a further 15 years that figure could rise to 75%. We have a clear and pressing need to secure gas for 84% of our homes that use it for cooking and heating, the 40% of electricity that is produced from it and over 500,000 jobs that are sustained by using it to create everyday products we know and love.

UKOOG supports the creation of an energy mix that includes natural gas, nuclear and renewables. We now need to get on and appraise and develop the gas below our feet, in particular the huge resources of natural gas locked up in the shale rock underlying the UK

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Contact:

Newgate Communications:

Jason Nisse/Ian Schofield
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0207 680 6550

About UKOOG:

UKOOG is the representative body for the UK onshore oil and gas industry, including exploration, production and storage. The organisation's objectives are to enhance the profile of the onshore industry, promote better and more open dialogue with key stakeholders, deliver industry wide initiatives and programmes and to ensure standards in safety, the environment and operations are maintained to the highest possible level. Membership is open to all companies active in the onshore industry including those involved in the supply chain. www.ukoog.org.uk

UKOOG welcomes the reiteration of government policy towards onshore oil and gas. In 2000 the UK produced enough to cover all our gas needs but just 15 years on we rely on imports for nearly half of our natural gas. In a further 15 years that figure could rise to 75%. We have a clear and pressing need to secure gas for 84% of our homes that use it for cooking and heating, the 40% of electricity that is produced from it and over 500,000 jobs that are sustained by using it to create everyday products we know and love.

UKOOG supports the creation of an energy mix that includes natural gas, nuclear and renewables. We now need to get on and appraise and develop the gas below our feet, in particular the huge resources of natural gas locked up in the shale rock underlying the UK.
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