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Evening Standard
Evening Standard
Katrine Bussey

UK could face importing 70% of oil and gas needs by 2030, new report warns

Oil United Kingdom David Whitehouse OEUK Offshore Energies UK North Sea
Without sustained investment the UK will need to import 70% of its oil and gas demands by 2030, a new report has warned (Jane Barlow/PA) -

The UK could have to import 70% of its oil and gas demand by the end of this decade if there is not “sustained investment” in the sector, industry leaders have warned.

It comes after a report said production from the North Sea fell to a “historic low” in 2024, leaving the UK needing imports of oil and gas to meet more than 40% of its energy needs.

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