Tag: North Sea

• Friday, June 29th 2012 - 01:13 UTC

  Britain forecasted to import 80% of gas consumed as early as 2016

  

  Britain’s declining oil and gas industry may be a minnow on the world stage, 20th largest oil producer and 15th largest gas producer in 2010, but it is still remarkably important for jobs and the UK economy, reports Citywire.