Huge Lincolnshire gas field could fuel UK for a decade

A huge gas field has been found under Lincolnshire that could reportedly fuel the UK for a decade.

- TARA COBHAM

However, there are fears the discovery near the town of Gainsborough could spark a row as the gas would need to be extracted via fracking, with critics arguing the practice distracts from net zero goals.

The energy company behind the findings, which is set to officially announce the discovery at a conference this month, claimed the Gainsborough Trough field will boost the British economy by more than £100bn and lead to less reliance on energy imports. Egdon Resources added that it will lead to the creation of tens of thousands of jobs.

Consultants Deloitte, who analysed the test drilling results on behalf of Egdon, argued that using gas from the field rather than from abroad would have significantly less environmental impact.

The newly found field has around 480 billion cubic metres of gas – roughly seven times what the country consumes each year – which it is suggested could cover the UK’s gas needs for the next 10 years, due to declining consumption, reported LBC.