Ineos’ Ratcliffe decries 'total lack' of UK energy policy as Forties flows decline

Ineos’ Ratcliffe decries 'total lack' of UK energy policy as Forties flows decline

Ineos chairman Jim Ratcliffe took aim at UK politicians over what he described as a "total lack" of energy policy, as flows through a key North Sea pipeline tail off by some 40%. The post Ineos’ Ratcliffe decries ‘total lack’ of UK energy policy as Forties flows decline appeared first on Energy Voice.

Ineos boss Sir Jim Ratcliffe slams UK's 'total lack' of energy policy

Ineos boss Sir Jim Ratcliffe has hit out at what he sees as the UK’s “total lack” of an energy policy, which he branded “completely irresponsible”. The billionaire owner of the chemicals group accused the UK Government of seeking to discourage local oil and gas production and making the country reliant on supplies from overseas producers. He made the remarks as he revealed his company’s Forties Pipeline System (FPS) has seen North Sea oil flows …