Africa Business Radio

Britain Advised to Review Energy Law

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Synopsis

Reuters reports that Oil and gas firm Neptune Energy has written to Britain’s energy minister asking for a change in regulation to allow it to produce more domestic gas from its North Sea field amid record gas prices.Neptune says a change in regulations that determine the way gas was blended would allow the company to safely produce 13% more gas at its Cygnus gas field in the North Sea.Neptune Executive Chairman Sam Laidlaw says enabling the proposed relaxation of the specification immediately under emergency powers would allow the use of gas at a lower calorific value.