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United Kingdom Oil and Gas Report
September 6, 2011 | Energy Information Administration

“The United Kingdom (U.K.) is the largest producer of oil and second-largest producer of natural gas in the European Union (E.U.). After years of being a net exporter of both fuels, the U.K. became a net importer of natural gas and crude oil in 2004 and 2005, respectively. Production from U.K. oil and natural gas fields peaked in the late 1990s and has declined steadily over the past several years, as the discovery of new reserves has not kept pace with the maturation of existing fields.” Quoted from the EIA country analysis report.


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