The North Sea Transition Authority is expected to award more than 100 new licenses to energy companies by the end of June.
London, Thanasis Gavos
It was opened on Friday by the competent British authority new round of licensing for oil and gas extraction operations in the North Sea.
The North Sea Transition Authority is expected to award over 100 new licenses to companies energy until the end of June.
The purpose is to increase production in the North Sea in order to strengthen its energy self-sufficiency United Kingdom.
The process begins a day after the operator of the national electricity system warned that possible gas shortages this winter could lead to regular three-hour power cuts across Britain.
However, the new round of permits is expected to be challenged legally by the environmental organization Greenpeace, on the grounds that it is not in line with the government’s commitment to achieve net zero emissions by 2050.
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