This 2023 overview of the UK's oil and gas sector begins with an examination of the country's primary energy supply and final consumption. We then present a detailed analysis of the UK's oil and gas reserves and production levels. After, we delve into an assessment of the trade dynamics over the past five years, along with a snapshot of the liquefied natural gas infrastructure. As well as outlining the UK's trade partners in this context.

To develop our market perspective, we incorporate insights into the anticipated regulatory landscape and licensing framework. An essential section of our report explores the key factors influencing investments and price fluctuations within the industry. Finally, we offer an analysis of the current market trends, as well as an assessment of the opportunities and challenges that lie ahead for the UK's oil and gas market.

 

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