OIES Podcast – LNG and UK Energy Security

In this latest OIES podcast, brought to you by the Gas Research Programme, James Henderson talks to Marshall Hall about the impact of the global LNG market on UK energy security, based on a recent paper of the same name published by OIES in partnership with the UK Energy Research Council (UKERC) in May 2023. The podcast discusses the history of the UK’s gas sector and how it has increased its reliance on the global LNG market as domestic production has fallen, and also looks at the development of critical infrastructure to cope with this change. The closure of the Rough storage facility (now being re-opened) increased the importance of the UK’s LNG import terminals, which are discussed in detail, and also the pipelines that link them to consumers both in the UK and in Europe. The two interconnectors that bring gas from the UK to the continent have provided security of supply to the EU during the recent energy crisis, and have underlined the vital role that LNG arriving in the UK has played over the past 18 months. The podcast also analyses key policy and regulatory drivers that underpin the UK gas market and its increasing use of imports, while also considering the role of these imports in the energy transition.

By: OIES