The United Kingdom is forecast to produce some 37.8 million metric tons of crude oil in 2024. By 2050, this figure is expected to fall to 7.5 million metric tons. According to the CCC Balanced Net Zero Pathway reference scenario, that year could see oil products' demand reach 13.9 million metric tons of oil equivalent, which would be around twice the projected output volume.
Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2024 to 2050
(in million tons of oil equivalent)
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North Sea Transition Authority. (September 30, 2023). Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2024 to 2050 (in million tons of oil equivalent) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/
North Sea Transition Authority. "Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2024 to 2050 (in million tons of oil equivalent)." Chart. September 30, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/
North Sea Transition Authority. (2023). Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2024 to 2050 (in million tons of oil equivalent). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/
North Sea Transition Authority. "Forecast Crude Oil Production and Oil Products Demand in The United Kingdom (Uk) from 2024 to 2050 (in Million Tons of Oil Equivalent)." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/
North Sea Transition Authority, Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2024 to 2050 (in million tons of oil equivalent) Statista, https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/ (last visited November 03, 2024)
Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2024 to 2050 (in million tons of oil equivalent) [Graph], North Sea Transition Authority, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/
