The recent approval of the Jackdaw field project adds a potential upside to the forecast, with the field possibly contributing to gas margins if it achieves expected production levels. The government has endorsed the project, stating it could provide a small but meaningful boost to supply during the heating season.
October 25, 2026
UK Gas Imports Set to Rise Amid Domestic Shortfall
UK to increase LNG imports by 5% as North Sea output declines, raising price concerns.
Impact
Increased reliance on gas imports and potential price pressures could weigh on the UK's energy market this winter.