Emissions Report 2022

Figure 2 Clear blue sky Source: OEUK, NSTA

16

Capital p rojects e.g. electrification Venting Flaring Operational i mprovement Reported e missions NSTD t argets Forecast e missions

16

14

14

12

12

10

10

8 Million t s CO 2 e 6

6

Million tonnes CO2e

4

4

2

2

0

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

0

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

Figure 3 UK production gap v demand: Clear blue sky Source: OEUK, NSTA, Committee for Climate Change (CCC)

1200

Clear b lue s ky p roduction

Predicted d emand

1000

800

600

2030 p roduction g ap: 4 14 mn boe

400

Million barrel of oil equivalent (mn boe)

200

0

2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

EMI SS IONS REPORT 2022

11