The UK does not face the risk of energy rationing in the coming months.
Mr Hands said: “We have got no plans and proposals on any rationing. We are confident on our security of supply. Interconnectors are important, particularly the ones to Norway, which provides 30% of our gas.
“But I have got no reason to doubt Norway’s ability to keep delivering us that gas.”
A few days ago, it was reported that the government was warned that nearly six million homes could be faced with potential power cuts due to energy shortages as a result of the geopolitical tensions between Russia and Ukraine.
Asked about whether he predicted that there would be a need for the UK to secure more liquefied natural gas (LNG) cargos in the months ahead, Mr Hands said: “Consumption of gas in the country will decline, LNG’s proportion of it will increase at the same time, but what I am not in the market of doing is actively going out seeking an increase in LNG imports at a time when LNG is expensive and the embedded emissions within LNG are much bigger than UK Continental Shelf or Norwegian gas, two and a half times as much the embedded emissions from LNG.”