Energy and Environment

Government pledge to restoring North Sea welcomed

Andy Mayer quoted in This is Money

IEA Energy Analyst Andy Mayer has been quoted in This is Money in their article exploring the UK government’s pledge to restore North Sea oil and gas production.

This is Money quoted:

“The Government’s commitment to ‘max out’ North Sea oil and gas production is a welcome step towards energy security.

“But the announcement of licences for largely already committed projects will do little to encourage future investors frightened away by windfall taxes and the militant net zero consensus in Parliament.”

You can read the full article here.