The United Kingdom's dependency on imported oil is anticipated to rise from 2022 onwards, reaching 52 percent by 2050. In the mid-term import dependency is forecast to initially decline as overall oil demand will fall in line with the country's net zero efforts. However, it is expected that the decrease in domestic production will lead to greater import dependency in the future.
Forecast dependency rate on imported oil in the United Kingdom (UK) from 2022 to 2050
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North Sea Transition Authority. (March 1, 2022). Forecast dependency rate on imported oil in the United Kingdom (UK) from 2022 to 2050 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/749246/projected-uk-oil-production-dependency/
North Sea Transition Authority. "Forecast dependency rate on imported oil in the United Kingdom (UK) from 2022 to 2050." Chart. March 1, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/749246/projected-uk-oil-production-dependency/
North Sea Transition Authority. (2022). Forecast dependency rate on imported oil in the United Kingdom (UK) from 2022 to 2050. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/749246/projected-uk-oil-production-dependency/
North Sea Transition Authority. "Forecast Dependency Rate on Imported Oil in The United Kingdom (Uk) from 2022 to 2050." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/749246/projected-uk-oil-production-dependency/
North Sea Transition Authority, Forecast dependency rate on imported oil in the United Kingdom (UK) from 2022 to 2050 Statista, https://www.statista.com/statistics/749246/projected-uk-oil-production-dependency/ (last visited November 21, 2024)
Forecast dependency rate on imported oil in the United Kingdom (UK) from 2022 to 2050 [Graph], North Sea Transition Authority, March 1, 2022. [Online]. Available: https://www.statista.com/statistics/749246/projected-uk-oil-production-dependency/
