UK Government's LNG Import Plans Draw Criticism Over Energy Dependence
The UK government is considering investing in additional liquefied natural gas (LNG) import capacity, sparking criticism from industry and business groups.
The proposal comes as domestic North Sea production declines and the country's reliance on imported energy increases.
Aberdeen & Grampian Chamber of Commerce (AGCC) expressed concerns that the expansion of LNG imports would make the UK more dependent on overseas energy supplies.
According to Russell Borthwick, chief executive of AGCC, 'the government admits we will need gas for decades to come, warns explicitly that the North Sea decline threatens our energy security, and is now considering unprecedented intervention to support additional LNG import capacity, potentially costing billions.'