UK overseas gas imports to surge to $11 billion by 2015  

Posted by Big Gav in ,

Reuters has a report on declining gas production in northern Europe - UK overseas gas imports to surge to $11 billion by 2015.

Britain's natural gas imports from outside the North Sea will surpass domestic production by 2015 and add more than $11 billion to import costs as domestic supplies dwindle and Norway increasingly struggles to fill the gap, Reuters research shows.

Estimates show that Britain's own gas supplies will fall from around 43 billion cubic metres (bcm) per year today to around 16 bcm in 2030 if they continue their average annual 5 percent decline since peaking in 2000, while demand is set to hold steady between 85 and 95 bcm.

Britain was a net exporter of gas until 2004, but a steady decline in output over the last few years has made it more reliant on imports, which have so far mostly come from Norway and, increasingly, Qatar.

0 comments

Post a Comment

Statistics

Locations of visitors to this page

blogspot visitor
Stat Counter

Total Pageviews

Ads

Books

Followers

Blog Archive

Labels

australia (602) global warming (377) solar power (358) peak oil (333) renewable energy (217) electric vehicles (204) wind power (180) ocean energy (159) csp (151) geothermal energy (143) smart grids (139) solar thermal power (138) tidal power (134) coal seam gas (129) nuclear power (124) oil (122) solar pv (116) energy storage (114) lng (114) geothermal power (112) china (111) iraq (110) green buildings (107) natural gas (106) agriculture (87) oil price (79) biofuel (77) smart meters (72) wave power (70) electricity grid (66) uk (65) energy efficiency (63) coal (57) google (57) internet (51) shale gas (49) surveillance (49) bicycle (48) food prices (48) big brother (47) thin film solar (42) canada (40) biomimicry (39) ocean power (37) politics (37) scotland (37) new zealand (35) shale oil (35) air transport (34) algae (34) water (34) queensland (32) concentrating solar power (31) credit crunch (31) bioplastic (30) california (30) saudi arabia (30) population (29) cogeneration (28) geoengineering (28) offshore wind power (28) tesla (28) arctic ice (26) resource wars (26) woodside (26) batteries (25) bruce sterling (25) censorship (25) cleantech (25) drought (25) ctl (23) economics (22) limits to growth (21) carbon tax (20) coal to liquids (20) distributed manufacturing (20) indonesia (20) iraq oil law (20) origin energy (20) brightsource (19) buckminster fuller (19) rail transport (19) ultracapacitor (19) lithium (18) santos (18) ausra (17) exxon (17) michael klare (17) cellulosic ethanol (16) collapse (16) electric bikes (16) mapping (16) ucg (16) atlantis (15) bees (15) concentrating solar thermal power (15) ethanol (15) geodynamics (15) iceland (15) psychology (15) brazil (14) fertiliser (14) al gore (13) ambient energy (13) biodiesel (13) carbon emissions (13) cities (13) investment (13) kenya (13) lithium ion batteries (13) matthew simmons (13) public transport (13) biochar (12) bucky fuller (12) chile (12) internet of things (12) otec (12) texas (12) victoria (12) cradle to cradle (11) desertec (11) energy policy (11) terra preta (11) amory lovins (10) fabber (10) gazprom (10) goldman sachs (10) gtl (10) hybrid car (10) severn estuary (10) tinfoil (10) toyota (10) volt (10) alaska (9) biomass (9) carbon trading (9) distributed generation (9) esolar (9) four day week (9) fuel cells (9) jeremy leggett (9) pge (9) sweden (9) afghanistan (8) antarctica (8) arrow energy (8) big oil (8) eroei (8) fish (8) floating offshore wind power (8) guerilla gardening (8) linc energy (8) methane (8) methane hydrates (8) nanosolar (8) natural gas pipelines (8) pentland firth (8) relocalisation (8) us elections (8) western australia (8) airborne wind turbines (7) bloom energy (7) boeing (7) bolivia (7) chp (7) climategate (7) copenhagen (7) saul griffith (7) stirling engine (7) vinod khosla (7) apocaphilia (6) ceramic fuel cells (6) cigs (6) futurism (6) jatropha (6) local currencies (6) nigeria (6) ocean acidification (6) scenario planning (6) somalia (6) t boone pickens (6) space based solar power (5) varanus island (5) garbage (4) global energy grid (4) kevin kelly (4) low temperature geothermal power (4) oled (4) tim flannery (4) v2g (4) club of rome (3) norman borlaug (2) peak oil portfolio (1)