Live
- Five-Year-Old Boy Dies After 55-Hour Rescue from Borewell in Rajasthan's Dausa
- Chaos in Parliament over Congress-George Soros link claims, BJP MP poses questions
- Bus Driver Arrested After Deadly Accident in Mumbai’s Kurla; 42 Injured
- Rs 36.07 crore tribal products sold through TRIFED in FY24: Govt
- PM Modi to lay foundation stone for Ken-Betwa river linking project on Dec 25: MP CM
- 70 farmers trained as drone pilots in Anantapur dist
- AP Pensions: 500 Ineligible People Receive Pensions for Every 10,000
- South Korea's ruling party chief voices support for President Yoon's impeachment
- Defeat in Tirhut bypolls doesn't signify discontent among teachers: Bihar Education Minister
- Over 1 lakh micro food processing enterprises get assistance under PMFME scheme: Minister
Britain will step up oil production after Russian import phase out - Minister Grant Shapps
Grant Shapps
"We're fortunate in the UK that we don't buy proportionately very much Russian oil and gas and we do also produce our own so we'll step that up as well," Shapps told Sky News.
Britain will step up its production of oil and gas after saying it will ban Russian oil imports at the end of the year, transport minister Grant Shapps said on Wednesday.
Britain said on Tuesday it would phase out imports of Russian oil and oil products by the end of 2022 and consider banning its natural gas, joining other countries like the United States in a move to punish Moscow over the invasion of Ukraine. "We're fortunate in the UK that we don't buy proportionately very much Russian oil and gas and we do also produce our own so we'll step that up as well," Shapps told Sky News.
Prime Minister Boris Johnson has promised to set out a new energy supply strategy, as his government braces for the fallout from a 54% jump in consumer gas and electricity bills from April, and higher prices at petrol pumps. But Shapps said he thought Britons would accept the financial cost of the ban.
"Even though it will, of course, lead to some higher energy prices - although we've probably already seen that, they're happening already - the British people are not prepared to see us funding Putin's horrific war," he said.
