Government officials are undertaking a rash of reviews into energy security as political tensions between Russia and the UK continue to escalate.
For the first time, the Government’s official quarterly energy report at the end of the month will lay bare the UK’s reliance on Russia for winter gas.
Meanwhile, officials are in crunch talks with key gas stakeholder groups to understand the cost of the UK’s growing reliance on foreign gas imports to major industrial energy users.
The first event concluded in frustration on Friday, according to one attendee, after officials told the 80 strong group that it still believes Britain’s gas system is resilient despite two major price shocks this winter, which experts believe will raise bills for millions of homes and companies.
The officials responded to fresh fears over Russia’s influence on gas prices across Europe by drawing on figures published in 2016 which claim that less than 1pc of Britain’s gas is sourced directly from Russia.
“We have reviewed the amount of gas imported, and concluded that to the end of 2017 that figure remains accurate,” a government spokesman said. “We will be publishing updated figures in the coming weeks.”
Almost half the gas cargoes imported to the UK this winter via liquefied natural gas tankers came from Russia’s newest export terminal.
At the same time the UK is at the mercy of Russia’s energy influence due to imports from the European continent where a third of all gas is Russian, but this impact has not been modelled by government before. A second gas security meeting will take place at the end of the month.