According to an industry association, gas production in the United Kingdom increased 26% in the first half of this year compared to the same period last year, as Britain reduces Russian energy imports in response to Moscow’s invasion of Ukraine.
Offshore Energies UK (OEUK), an industry group for offshore oil, gas, hydrogen, and wind producers, said in a statement that the 3.5 billion cubic metres increase in locally generated gas is enough to heat nearly 3.5 million UK homes for a year.
According to the numbers, domestic resources fulfilled nearly half of the country’s gas needs in recent months. Last month, gas supplied 44% of the UK’s electrical generation while simultaneously heating 85% of houses.
“If we are to continue our efforts to protect UK gas supplies, which remains the backbone of our energy mix for electricity, heating and industrial processes, we need politicians of all parties to support energy produced here in the UK,” OEUK Sustainability Director Mike Tholen said.
According to OEUK, the gains were caused by the start-up of new gas fields in the southern North Sea, such as Harbour Energy’s (HBR.L) Tolmount field and IOG’s (IOG.L) Saturn Banks project.
The British government wants to increase domestic energy output while reducing dependency on imports, notably those from Russia. According to data released on Wednesday, Britain bought no petroleum from Russia for the first time ever in June.
Following Russia’s invasion of Ukraine, wholesale gas prices in the United Kingdom have reached record highs this year, putting additional strain on household budgets as bills increase.
Liz Truss, the candidate to succeed Boris Johnson as Prime Minister, has stated that she will cooperate with energy companies to increase supplies in order to reduce prices.