Britain is facing a decline in domestic gas production this winter, increasing its dependence on imports to meet energy demands, the Financial Times reported Thursday, citing the national gas grid operator.
National Gas UK expects a 6% decrease in gas from domestic offshore fields, with a 7% rise in liquefied natural gas (LNG) imports to compensate. Norway will remain the UK's largest supplier, providing 36% of the winter gas needs, while domestic production will supply 33%. LNG is projected to account for 24% of the UK's gas.
The UK's gas production fell 10% between 2023 and 2024, hitting its lowest level since 1973. National Gas UK has warned of tighter margins for winter 2025/2026 due to the continued decline in supplies from the UK Continental Shelf.
National Gas UK expects a 6% decrease in gas from domestic offshore fields, with a 7% rise in liquefied natural gas (LNG) imports to compensate. Norway will remain the UK's largest supplier, providing 36% of the winter gas needs, while domestic production will supply 33%. LNG is projected to account for 24% of the UK's gas.
The UK's gas production fell 10% between 2023 and 2024, hitting its lowest level since 1973. National Gas UK has warned of tighter margins for winter 2025/2026 due to the continued decline in supplies from the UK Continental Shelf.