Rishi Sunak and Joe Biden will unveil gas supply agreement TODAY
2 years ago

Rishi Sunak and Joe Biden will unveil gas supply agreement TODAY

Daily Mail  

Rishi Sunak and Joe Biden will today announce a deal to keep the lights on in Britain – using gas produced by fracking in the US. As part of the major initiative, Downing Street said the US will aim to export at least nine to ten billion cubic metres of Liquefied Natural Gas to UK terminals over the next year – more than double the amount exported in 2021. Rishi Sunak and Joe Biden will today announce a deal to keep the lights on in Britain – using gas produced by fracking in the US The Prime Minister and President have agreed a UK-US Energy Security and Affordability Partnership to lessen the risk of winter blackouts and further reduce dependence on Russia for gas and oil Ahead of the announcement today, Mr Sunak said last night: ‘Together the UK and US will ensure the global price of energy and the security of our national supply can never again be manipulated by the whims of a failing regime. ‘The Government’s strategy is clearly to offshore our environmental responsibilities and economic opportunities at the expense of UK households, businesses and taxpayers.’ As part of the major initiative, Downing Street said the US will aim to export at least nine to ten billion cubic metres of Liquefied Natural Gas to UK terminals over the next year – more than double the amount exported in 2021 Andy Mayer, energy analyst at the Institute of Economic Affairs think-tank, added: ‘The UK will pay a premium to import US fracked gas, while sitting on 50 to 100 years of our own reserves. ‘In return Mr Biden and Mr Sunak will get to talk shop about future renewables, nuclear, and energy saving.’ And Craig Mackinlay, chairman of the Net Zero Scrutiny Group of Tory MPs, said: ‘We should thank the foresight of previous US politicians in exploiting the potential for shale gas.

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