North Sea oil starts to come ashore. [To UK]

Journal Article · Mon Dec 01 04:00:00 EST 1975 · Energy Int.; (United States)

OSTI ID:7353427

Swiss, M

The first arrival in June 1975 of crude oil from the British sector of the North Sea marked for the UK as well as for other members of the European Economic Community a new era. As the flow builds up, though, questions remain as to the rate at which exploitation will be developed, and what part Britain should play in meeting the requirements of her partners in the Common Market. An EEC document, Towards a New Energy Policy for the European Community, proposes that the use of natural gas for power stations and the use of oil for this purpose be reduced. It proposes to give the Council of Ministers regulatory powers to develop common import and export rules for hydrocarbons. The acceptance of its objectives to reduce imports from 98 percent in 1973 to 75 percent in 1985 implies production of 180 million tons of oil equivalent in the Community. Only small contributions will be forthcoming from the Netherlands, W. Germany, Denmark, France, and Italy. Most of that future production must come from the British North Sea. The difficulty Britain may face in meeting this target is that more than half of her North Sea production will be needed for obtaining a suitable crude for feedstock blending. The question is: should Britain swap her crude with other oil producers for a different quality of crude that she needs or should she sell her crude to her EEC partners. (MCW)

• OSTI ID: 7353427
• Journal Information: Energy Int.; (United States), Journal Name: Energy Int.; (United States) Vol. 12:12; ISSN ENEIB
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020300 -- Petroleum-- Drilling & Production
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002* -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
ATLANTIC OCEAN
COMMON MARKET
DENMARK
ENERGY POLICY
ENERGY SOURCES
EUROPE
EUROPEAN COMMUNITIES
FLUIDS
FORECASTING
FOSSIL FUELS
FRANCE
FUEL GAS
FUELS
GAS FUELS
GASES
GERMAN FEDERAL REPUBLIC
GOVERNMENT POLICIES
INTERNATIONAL ORGANIZATIONS
ITALY
NATURAL GAS
NETHERLANDS
NORTH SEA
PETROLEUM
PRODUCTION
RESERVES
RESOURCES
SCANDINAVIA
SEAS
SURFACE WATERS
UNITED KINGDOM