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THE ASSOCIATION FOR
THE STUDY OF PEAK OIL&GAS
THE STUDY OF PEAK OIL&GAS
Oil and Gas - a Short Period of History
for Great Britain
For several years now, Members of ASPO have presented predictions showing, amongst other things, that the production of oil and gas in the UK sector of the North Sea will occupy no more than a few pages in the history books. This is now confirmed by the UK Department of Trade and Industry that recently published a plot showing that by the year 2020 it is more or less all over.
The UK and Ireland have built an infrastructure
that requires natural gas in large quantities, which in the future they
will need to import. For the coming years, it may be possible to import
from Norway, but that requires Norway to step up its production, which means
in turn that its resources will decline much faster. It risks being soon
in the same situation as is the UK today.
In a long term it is very big risk for Europe to rely on Norwegian natural gas. It would be better for Europe if Norway did not increase its production. That would keep the present export lines full for longer.
Kjell Aleklett
President of ASPO
Information as word.doc
In a long term it is very big risk for Europe to rely on Norwegian natural gas. It would be better for Europe if Norway did not increase its production. That would keep the present export lines full for longer.
Kjell Aleklett
President of ASPO
Information as word.doc