RE: UK-Considers-Ban-On-New-Offshore-Oil-Licenses15 Mar 2021 20:01
Tony. It is EXACTLY what I have been saying for weeks now. The Article refers to a Ban of New Licences by 2040 !! Now for the Good bit. The U.K. is 99% Self Sufficient in Oil for our Energy demands. Meaning Energy Security and Delivery Must remain from within U.K. boundaries. It is not Economically Efficient to have to Import Oil / Energy demands. The U.K. will have to keep their 99% up and I have Posted some Data previous on U.K. North Sea Oil and Gas Depletion Rates / Together with the lack of Exploration. The Result ? There is going to be a Gap. I am hoping this Translates to the Tain / Serenity Project.
We await Q2..