Jersey's North Sea project faces $110m 'green premium' for electrification

UK-listed player says powering Greater Buchan Area development with electricity from shore will result in extra capital costs but remains 'economically attractive'

'Green premium': Jersey Oil & Gas chief executive Andrew Benitz
'Green premium': Jersey Oil & Gas chief executive Andrew BenitzPhoto: JERSEY OIL & GAS
Published 3 March 2021, 08:46Updated 3 March 2021, 09:16