- Cheerleaders for Cambo’s shutdown throwing energy
workers and UK’s energy security under a bus, says GMB
Union
GMB, the energy union, says the decision to pause the Cambo oil
field project amounts to a ‘surrender of the national
interest.’
The firm behind the development off Shetland is reported to be
‘pausing’ the project. [1]
Cambo was expected to have delivered 170 million barrels of
oil equivalent and 53.5 billion cubic feet of gas during its
25-year operational life – enough to power 1.5 million homes for
a year. [2]
The latest OGUK research shows in the year to June, the UK paid
almost £20 billion to foreign countries for oil and gas imports,
including:
• Norway £5.2 billion for gas plus £6.1 billion for crude
oil
• Russia £524 million for gas and £3.2 billion for
oil
• Qatar £675m for liquefied natural gas
• USA £2.8 billion for crude oil. [3]
Gary Smith, GMB General Secretary, said:
“It’s meant to be a transition to a low carbon economy, not a
surrender of the national interest.
“The cheerleaders for Cambo’s shutdown aren’t just throwing
energy workers under the bus, but also our security of supply for
the gas we will still need on the road to 2050.”
ENDS
Notes to Editors:
[1] https://www.bbc.co.uk/news/uk-scotland-59608521
[2] https://www.shetnews.co.uk/2021/12/10/cambo-placed-on-hold/
[3] https://oguk.org.uk/uk-must-allow-new-oil-and-gas-fields-or-risk-surging-import-bills-and-future-shortages-say-industry-experts/
