Natural gas and LNG continued to provide supply flexibility amid declining UK domestic production

In 2024, natural gas and LNG continued to provide economic stability and supply flexibility amid declining domestic production. While UK gas output fell 10% due to North Sea basin maturity, secure pipeline imports—up 20%—and strategic LNG infrastructure helped balance supply. A rebound in final demand (up 4.3%) in key sectors like domestic, commercial, and industrial signals a responsive market adapting […]