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Written question asked by David Duguid (Conservative) on Wednesday, 10 January 2024, in the House of Commons. It was due for an answer on Tuesday, 16 January 2024 (named day). It was answered by Graham Stuart (Conservative) on Tuesday, 16 January 2024 on behalf of the Department for Energy Security and Net Zero.


Offshore Industry

Question

To ask the Secretary of State for Energy Security and Net Zero, what assessment she has made of potential future trends in the level of demand for oil and gas.

Answer

As set out in our Net Zero Strategy demand pathway, in 2035, demand for oil and gas may be just over half of 2022 levels.

Whilst our domestic production is expected to decline by 7% year-on-year, new licensing will limit our import dependency to around 60% instead of 70% by 2035.

By 2050, oil use will concentrate in aviation. Gas will be used with CCUS abatement, generating cleaner electricity and hydrogen.


Secondary information

Type
Written question
Reference
900980
Session
2023-24
Question not reached
Yes
Subjects
Offshore industry
Link
View this Written question on www.parliament.uk