https://sputnikglobe.com/20220830/truss-open-to-new-oil-and-gas-drilling-in-north-sea-uk-media-reports-1100165397.html
Truss Open to New Oil and Gas Drilling in North Sea - Media
Truss Open to New Oil and Gas Drilling in North Sea - Media
Sputnik International
Foreign Secretary Liz Truss has revealed few details of how she would tackle the energy crisis as prime minister, leading media to speculate on plans including... 30.08.2022, Sputnik International
2022-08-30T12:28+0000
2022-08-30T12:28+0000
2022-08-30T12:31+0000
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Tory leadership favourite Liz Truss is rumoured to mulling approval for new oil and gas drilling in the North Sea as a remedy to the energy crisis.The Daily Express reported on Tuesday that the foreign secretary is considering issuing new exploration licenses in the UK's large maritime exclusive economic zone of the hydrocarbon-rich seabed.But it was unclear whether Rees-Mogg's meetings were linked to the energy crisis or were just part of his ministerial work of identifying potential post-Brexit reforms.A Team Truss source said the meetings were arranged by civil servants, not her campaign, but government departments declined to comment.The ministers were also said to be looking to Norway, the UK's biggest foreign natural gas supplier, to increase production.Truss has been tight-lipped on the details of how she will tackle the cost-of-living crisis — self-inflicted by the West's sanctions on Russia over its special military operation in the Ukraine — if she is announced as the next Conservative Party leader and Prime Minister on September 5 as expected.That has left the British media to speculate, including on claims that she plans to cut five per cent from value-added tax (VAT), currently charged at of 20 per cent on most goods and five per cent on household — but not business — energy bills.
https://sputnikglobe.com/20220830/liz-truss-unable-to-present-plan-on-cost-of-living-crisis-over-lack-of-info--data-from-treasury-1100146374.html
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liz truss, north sea, oil rigs, oil and gas, natural gas, energy crisis, shell oil, total
liz truss, north sea, oil rigs, oil and gas, natural gas, energy crisis, shell oil, total
Truss Open to New Oil and Gas Drilling in North Sea - Media
12:28 GMT 30.08.2022 (Updated: 12:31 GMT 30.08.2022) Foreign Secretary Liz Truss has revealed few details of how she would tackle the energy crisis as prime minister, leading media to speculate on plans including major cuts to value-added tax and schemes to increase domestic energy production.
Tory leadership favourite Liz Truss is rumoured to mulling approval for new oil and gas drilling in the North Sea as a remedy to the energy crisis.
The Daily Express reported on Tuesday that the foreign secretary is considering issuing new exploration licenses in the UK's large maritime exclusive economic zone of the hydrocarbon-rich seabed.
The paper said two leading Truss supporters, Business, Energy and Industrial Strategy Secretary Kwasi Kwarteng and Brexit Opportunities Minister Jacob Rees-Mogg, have been meeting industry giants including Shell and Total.
But it was unclear whether Rees-Mogg's meetings were linked to the energy crisis or were just part of his ministerial work of identifying potential post-Brexit reforms.
A Team Truss source said the meetings were arranged by civil servants, not her campaign, but government departments declined to comment.
The ministers were also said to be looking to Norway, the UK's biggest foreign natural gas supplier, to increase production.
30 August 2022, 05:49 GMT
Truss has been tight-lipped on the details of how she will tackle the cost-of-living crisis — self-inflicted by the West's sanctions on Russia over its special military operation in the Ukraine — if she is announced as the next Conservative Party leader and Prime Minister on September 5 as expected.
That has left the British media to speculate, including on claims that she
plans to cut five per cent from value-added tax (VAT), currently charged at of 20 per cent on most goods and five per cent on household — but not business — energy bills.
