Britain .. The country's energy imports exceeded 122 billion dollars in 2022 - Sadahadhramowt | News

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الجمعة، 24 مارس 2023

Britain .. The country's energy imports exceeded 122 billion dollars in 2022

London / private :

Britain's energy import bill last year exceeded the 2022 threshold of 100 billion pounds (122.82 billion US dollars), as the country currently supplies more than 30% of its gas, depending on Norway alone.

Last year's bill-of GBP 117 billion (USD 143.70 billion)- amounted to more than double the 2021 total of GBP 54 billion (USD 55.27 billion), according to data in a new report by the offshore energy offshore UK marine energy sector Association.

There have been warnings that UK consumers and businesses could face similar import costs again in 2023, especially if there is no change to the government's windfall tax in the North Sea, according to information monitored by the specialized energy platform.

UK energy bills jump by 80% from October


The shocking findings are contained in the latest Business Outlook report by Offshore Energy UK (oeuk), due to be published on March 28, and come as MPs prepare to debate the "energy triad" in the House of Commons tomorrow, March 23.

According to the study, the energy import bill in Britain for the past year is equivalent to 4,200 pounds sterling (5,141 US dollars) per household in the UK, as published by the website Energy Voice (Energy Voice) on March 22.

The reasons for the huge increase


The UK offshore energy sector Association Offshore Energy UK (oeuk) reported that the huge increase in energy prices was partly driven by the increase in global prices, associated with Russia's invasion of Ukraine, as well as inflation and rising global demand for oil and gas after the covid-19 pandemic.

The association's report pointed out that the weakness of the British economy and the pound sterling were the main factors, because the barrel of oil is valued in US dollars.

 Coming up.

The report noted that the North Sea is currently the pillar of the country's energy security through oil and gas production, with an increasing focus on low-carbon sources.

Britain supports oil and gas drilling to counter rising energy bills


"The UK has been a net energy importer since 2004, which means that the country uses more energy than it can save from domestic resources, so it relies on other countries to meet its energy needs,"the report said.

"The heavy reliance on other countries for our energy leaves the UK vulnerable to supply disruptions and volatility in international markets . Last year, for example, the total cost of fuel imports doubled to GBP 117 billion (USD 143.82 billion),"he said.

 And the economies of other countries".

Calls to dispense with gas


Climate activists claim that statistics confirm the need for the UK to get rid of oil and gas as soon as possible.

"The real choice is not between energy or domestic imports, but between hydrocarbons or renewable energy sources," said Tessa Khan, executive director of the environmental advocacy group appleft, according to a report seen by the specialized energy platform.

She added: "This is not going to be news to anyone looking at fuel costs . The main reason we spend so much on energy is the high price of gas,"he said.

She stressed that "having more oil and gas in the UK will not change the price we pay. What this clearly shows is how urgently the UK needs to do away with its continued dependence on fossil fuels,"he said.

"The UK exports 80% of North Sea oil, and the vast majority of what remains in the basin is oil, not gas,"she explained.


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