In 2024 alone Scotland’s surplus gas trade was worth 7 billion

Stacked bar chart showing gas consumption in Scotland in 2024 compared to the baseline broken down by sector

The Guardian’s Nils Pratley today has:

The UK needs more North Sea gas, not greater reliance on US imports – Transition to a cleaner future takes time and we need supplies that are the least polluting and have the lowest cost.

Where are those supplies coming from? The ‘UK’ it seems. Any idea from which part? Buckinghamshire? Nils does not say.

See this:

From Energy Statistics for Scotland – Q3 2025 published yesterday, latest figures, the above chart and:

Total gas consumption in Scotland in 2024 was 41.7 TWh. This is down 30.2% from the 2005-2007 baseline figure when 59.8 TWh of gas was consumed (the baseline is the average consumption from 2005-2007; Figure 1).

Gas consumption in the domestic sector in Scotland was 25.1 TWh in 2024. This is a 27.7% decrease compared to the 2005-2007 baseline when 34.7 TWh of gas was consumed (Figure 1).

In 2024, 16.6 TWh of gas was consumed in the non-domestic sector. This is down 33.6% compared to the 2005-2007 baseline when 25.1 TWh of gas was consumed (Figure 1).

Source: Sub-National Gas Consumption (published 18th December 2025)

Total gas consumption in Scotland in 2024 was down 2.4% compared to 2023 when 42.7 TWh of gas was consumed. The gas consumption  decreased in both the domestic sector (0.2% decrease) and non-domestic sector (5.5% decrease; Figure 2).

https://www.gov.scot/publications/energy-statistics-for-scotland-q3-2025/pages/gas-consumption/

How much gas was produced?

41.7 TWh used. How much produced? 180 – 200 TWh, so a trade surplus in one year of around 140 – 160 TWh.

https://www.gov.scot/publications/oil-and-gas-production-statistics/

How much is that worth?

European natural gas is typically priced at the TTF hub (Title Transfer Facility in the Netherlands), the main benchmark for Europe including North Sea gas traded into the UK and EU.

  • Current TTF spot/futures price: ≈ €45–46 per MWh (it has fluctuated recently, e.g., around €45.70/MWh on April 14, 2026, after recent declines). https://tradingeconomics.com/commodity/eu-natural-gas
  • 160 TWh = 160,000,000 MWh (since 1 TWh = 1,000,000 MWh).
  • Value = 160,000,000 MWh × €45.5/MWh (midpoint) ≈ €7.28 billion.


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