Page 12 - EurOil Week 46 2021
P. 12

EurOil                                            POLICY                                               EurOil














































       Scotland spurns offer to join




       Beyond Oil and Gas Alliance




        UK               SCOTLAND has not joined the Beyond Oil and  named when the alliance was formally launched
                         Gas Alliance (BOGA) of countries seeking an  on November 11.
       The climate group does   end to oil and gas drilling, despite hosting the   OGUK, which represents the UK upstream
       not contain any major   COP26 climate summit, raising questions about  industry, said it welcomed the decision by the
       oil and gas producers.  the group’s effectiveness.     government in Holyrood.
                           Denmark  and  Costa  Rica  began  form-  “The UK’s offshore oil and gas industry is
                         ing BOGA in the summer, hoping to secure  changing – we are in a unique position and are
                         members that would agree to “restrict domes-  helping aid the energy transition underway,”
                         tic oil and gas production in line with what  OGUK CEO Deirdre Michie said. “While we
                         is required to live up to the Paris Agreement  still need oil and gas, it is far better we meet our
                         goals.” These members will end licensing  own demand with our own resources rather
                         rounds and set a deadline for phasing out oil  than importing it, which can be far worse for the
                         and gas production.                  environment.”
                           “It is our ambition that this will be the begin-  She warned that “putting an arbitrary end
                         ning of the end of oil and gas,” Danish Climate  to supply and production would damage liveli-
                         Minister Dan Jorgensen told Reuters. “We hope  hoods across Scotland – the same communities
                         that this will inspire others.”      whose skills will be vital in helping us achieve a
                           France, Greenland, Ireland, Sweden, Wales  low-carbon economy.”
                         and the Canadian province of Quebec have all   OGUK and other oil and gas associations
                         joined the alliance. But Denmark and Ireland  argue that restricting domestic upstream devel-
                         are the only members that produce meaningful  opment simply results in more imports if it is not
                         amounts of oil and gas, and in both cases their  coupled with a reduction in demand. The dis-
                         output is diminishing anyway.        tances that these imports must be transported
                           Jorgensen said he was in “close dialogue” with  result in more emissions, and the supplies could
                         Scotland, where most of the UK’s oil and gas  come from countries with more lax standards on
                         reserves are concentrated. But Scotland was not  upstream emissions. ™



       P12                                      www. NEWSBASE .com                      Week 46   18•November•2021
   7   8   9   10   11   12   13   14   15   16   17