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2022-09-24 03:25:28 By : Ms. Jocelyn Zhang

North Sea Transition Authority to launch 33rd round next month after publication of climate compatibility checkpoint

UK regulators are pressing ahead with work to launch the country’s next offshore oil and gas licensing round next month after the government published details of a long-awaited checkpoint to ensure new permitting is consistent with climate goals.

The government said on Thursday it is aiming to launch the round — the UK’s 33rd — in October, part of a plan unveiled two weeks ago by new Prime Minister Liz Truss to bolster energy security following Russia’s invasion of Ukraine.

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