UK Faces UKpound 4.5 Billion Bill as North Sea Oil Dries Up.
Evening Standard, London Knight Ridder/Tribune Business News
Aug. 4--Britain's growing demand for imported gas will blow a UKpound 4.5 billion hole in the trade figures within five years, it emerged today.
Experts predict that, after years of self-sufficiency, Britain will become a net importer of gas within two years and will have to ship in 80 percent of its re...uirement by 2020.
The end of the North Sea bonanza will place fresh pressure on the stalling economy as the Government becomes more reliant on overseas fuel.
And it will
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