North Sea Operator Warns Government Policy Could Starve UK Of Energy ...Middle East

The current windfall tax and the pledge from the Labour Party – tipped to win the next election in the UK – to stop new oil and gas licensing in the North Sea could starve Britain of energy supply, a senior executive at a major UK operator says. “By a new government imagining they'll be able to stop licences and oil development in the UK, ultimately what that means is that they'll be starving the UK of energy, and it will become very dependent on energy from abroad,” Gilad Myerson, executive chairman of Ithaca Energy, told…

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