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Insider UK
Insider UK
Business
Peter A Walker

Energy prices 'will rise if oil fields like Cambo are halted'

The price of energy will increase further if oil fields like Cambo do not go ahead, UK Energy minister Greg Hands has warned.

He said the UK will need to import more oil if the North Atlantic development does not come online, increasing emissions.

Environmental groups have called for an end to new oil and gas fields, with Scotland’s First Minister Nicola Sturgeon also opposed to the Cambo field.

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