TITLE

Price collapse hits N Sea production

PUB. DATE
July 2007
SOURCE
Utility Week;7/6/2007, Vol. 27 Issue 15, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the implications of the declining gas prices for the British offshore energy industry. Trade association Oil & Gas UK reports that offshore energy production could decline if gas prices continue to drop. Chief executive Malcolm Webb says that several gas exploration projects are vulnerable to low gas prices. He notes that low gasoline prices make it difficult for the energy industry to attract investors.
ACCESSION #
25940458

 

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