BEIS talking to market about commercial gas deal availability US LNG producers approached for supply proposals: sources Pound weakness adding to LNG procurement costs in UK The UK government is currently scouring the market for potential gas import deals as part of a new supply security push, while the recent collapse in the value of the pound is adding to the UK’s LNG procurement costs. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The UK relies on imported gas to meet around half of its demand, with Norway the top supplier, accounting for some two-thirds of the UK’s imports last year, according to government data. The UK also has three operational LNG import terminals, with LNG supplies making up the bulk of the remaining UK imports last year. However, the UK is relatively exposed to the spot market for additional LNG purchases […]