Global Gas Prices

Part of Business, Energy and Industrial Strategy – in the House of Commons at on 16 November 2021.

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Photo of Greg Hands Greg Hands The Minister of State, Department for Business, Energy and Industrial Strategy

My hon. Friend is absolutely right that we will always prefer British gas production to foreign imports. Some 50% of the gas we currently consume comes from the UK continental shelf, with an additional 30% from Norway. My hon. Friend is right to mention the transition; I know how much he fights for his constituency’s huge extent and variety of energy producers. Earlier this year, we were delighted to agree the North sea sector transition deal, which will offer a fantastic future for my hon. Friend’s constituents and those right across north-east Scotland.