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    Financial Times: UK warned over dependence on Qatar gas

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Summary

Qatari gas the UK relies on has in part taken the place of more reliable gas from the UK’s own North Sea, whose production is quickly declining because of the age of the fields and dwindling investment.

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News By Country, United Kingdom, Liquefied Natural Gas (LNG), Press Notes

Financial Times: UK warned over dependence on Qatar gas

Britain’s dependence on Qatari liquefied natural gas has grown so stark that, last year, all but two cargoes of the product shipped into the UK came from the small Persian Gulf state.

The situation is about to get worse, analysts say, raising profound questions over UK energy security.

Not only is Iran threatening to cut off all Qatar’s LNG exports by blocking the critical Strait of Hormuz waterway, but even if that does not happen, the UK will be unable to rely so heavily on Qatar in the coming years.   MORE