UK approves drilling at controversial North Sea gas field despite environmental concerns
The approval can add future North Sea natural gas production and associated drilling activity.
Source →The trace
How it reaches your house.
Starting from Shell plc, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Shell plc →supply upNatural gas wellhead production
UK approval for Shell-backed Jackdaw increases future Shell North Sea gas output, directly raising available wellhead production.
88% confidenceEquinor ASA →supply upUK approval for the Equinor-backed Jackdaw field allows additional future North Sea gas production, which should increase Equinor's natural gas supply.
79% confidenceEquinor ASA →supply upNatural Gas (Haber-Bosch Feedstock and Fuel)
The same approval should increase Equinor's future gas output, with a somewhat larger supply effect here given the higher 8% share and shorter replacement lead time.
Hop 2
Natural Gas (Haber-Bosch Feedstock and Fuel) →supply upAmmonia and nitrogen fertilizers
More North Sea gas production should improve availability of a critical natural-gas input for ammonia and nitrogen fertilizer production, which the graph marks as highly dependent on this input.
90% confidenceNatural gas wellhead production →supply upAn approval that adds future North Sea wellhead production directly increases the availability of residential natural gas.
90% confidenceNatural Gas →Stands to benefitHop 3
Yara International ASA →supply upNatural Gas (Haber-Bosch Feedstock and Fuel)
The North Sea drilling approval should raise regional gas availability, which directly eases Yara's heavily exposed Haber-Bosch feedstock input with low substitutability and long replacement time.
82% confidenceIndustrial gases →supply upMore North Sea gas production should ease natural-gas feedstock availability for industrial-gas production, which lists natural gas as a critical input.
72% confidenceCheniere Energy Inc. →supply up