Future UK Offshore Oil and Gas Licensing Regime Review

Department for Business, Energy and Industrial Strategy written question – answered on 14th September 2020.

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Photo of Alan Whitehead Alan Whitehead Shadow Minister (Department for Business, Energy and Industrial Strategy) (Energy and Climate Change), Shadow Minister (Business, Energy and Industrial Strategy)

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Oil and Gas Authority's mandate to Maximise Economic Recovery of oil and gas will be within scope of the review of policy on the future UK offshore oil and gas licensing regime.

Photo of Kwasi Kwarteng Kwasi Kwarteng The Minister of State, Department for Business, Energy and Industrial Strategy

The Oil and Gas Authority’s (OGA) mandate to maximise economic recovery of oil and gas (MER UK) is not within scope for this review. This review will look at policy on the future UK offshore oil and gas licensing regime as part of the wider aim of achieving net zero emissions by 2050. The review will consider whether regulators have the right powers and processes in place to effect any changes to our future licensing regime.

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