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Fourteen Years Yield One-Month Gas; Imports Set to Double

4/23/2026

42 7 Full Breakdown

Summary

Story summary

Fourteen years of new North Sea licences have produced only enough gas for about one month of UK demand.
Nils Pratley argued the UK should boost North Sea output rather than depend on US LNG imports.
Wood Mackenzie forecasts imports could reach twice the 2045 demand level, exposing a supply-demand mismatch as the Climate Change Committee warns demand may fall further under an ambitious green agenda.

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Story summary

Fourteen years of new North Sea licences have produced only enough gas for about one month of UK demand.
Nils Pratley argued the UK should boost North Sea output rather than depend on US LNG imports.
Wood Mackenzie forecasts imports could reach twice the 2045 demand level, exposing a supply-demand mismatch as the Climate Change Committee warns demand may fall further under an ambitious green agenda.