UK oil and gas explorers slip as Labour says it will not issue new exploration licences
** North Sea focussed Harbour Energy HBR.L and Ithaca Energy ITH.L fall 2.8% and 1.9%, respectively
** Britain's opposition Labour Party says it would not issue new oil and gas exploration licences in North Sea if it wins next month's general election
** Labour won't issue new licences as "they will not take a penny off bills, cannot make us energy secure, and will only accelerate the worsening climate crisis"
** Capricorn Energy CNE.L, Europa Oil & Gas EOG.L and Deltic Energy DELT.L also shed between 3.5% and 9.5%
** UK's oil and gas producers index .FTNMX601010 slips 0.2%
** However, Labour says it will not revoke existing licences and would partner with business to manage existing fields for the entirety of their lifespan
Reporting by Echha Jain in Bengaluru
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