Britain approves plans for new Shell gas field in North Sea

1/6/2022 9:33:00 PM

Britain approves plans for new Shell gas field in North Sea

https://str.sg/w2tmLONDON (REUTERS) - Britain's regulator on Wednesday (June 1) approved Shell's revised plan to develop a North Sea natural gas field as the government seeks to boost domestic energy output followingRussia's invasion of Ukraine.

In a statement, Shell welcomed the decision and said it plans to move ahead with the development of the Jackdaw gas field which has the potential to produce 6.5 per cent of Britain's gas output.British business minister Kwasi Kwarteng said the Jackdaw gas field had received final regulatory approval after it was initially rejected on environmental grounds last October.

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sg/w2tm LONDON (REUTERS) - Britain's regulator on Wednesday (June 1) approved Shell's revised plan to develop a North Sea natural gas field as the government seeks to boost domestic energy output following Russia's invasion of Ukraine. In a statement, Shell welcomed the decision and said it plans to move ahead with the development of the Jackdaw gas field which has the potential to produce 6. "First of all we need to enforce the sanctions that we have already authority to enforce," she told reporters.5 per cent of Britain's gas output." "First of all we need to enforce the sanctions that we have already authority to enforce," she told reporters. British business minister Kwasi Kwarteng said the Jackdaw gas field had received final regulatory approval after it was initially rejected on environmental grounds last October. US intelligence has said that North Korea appears to be preparing its first nuclear test since 2017, although it did not go ahead during a visit to the region earlier in May by President Joe Biden. "Let's source more of the gas we need from British waters to protect energy security," Kwarteng said on Twitter.

Reuters last week reported that Britain's Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) was poised to approve the field's new environmental development plans, a major milestone for a new development. The United States said the test was a brazen violation of a unanimous UN resolution in 2017 that warned of further consequences for tests of long-range missiles or nuclear weapons. The United States on Thursday forced a vote at the Security Council on toughening sanctions after North Korea carried out a series of rocket launches including, according to US and South Korean officials, of an intercontinental ballistic missile. Under the new plan, Shell plans to start production from the field in the second half of 2025. Environmental group Greenpeace said it believed the permit approval"could be unlawful, and will consider taking legal action. The United States instead on Friday imposed new unilateral sanctions, including on two Russian banks accused of assisting North Korea on its weapons programs." The approval comes as Britain struggles with soaring energy prices in the wake of Russia's invasion of Ukraine on Feb 24, with the government urging domestic producers to boost investment to ramp up domestic oil and gas production. The United States instead on Friday including on two Russian banks accused of assisting North Korea on its weapons programmes. Shell's new plan changed the way it processes gas at the Shearwater hub, to which the Jackdaw field will be connected. But it has found little interest in low-level negotiations from Pyongyang, where leader Kim Jong Un held three meetings with Biden's predecessor Donald Trump that lowered tensions but failed to produce a lasting agreement.

Rather than removing all naturally occurring CO2 from the gas offshore, some of it will be exported to the onshore St Fergus terminal where it will be further treated. Remote video URL . More On This Topic.