Speeches

Grahame Morris – 2015 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Grahame Morris on 2015-11-10.

To ask the Secretary of State for Energy and Climate Change, when she plans to (a) launch a public consultation on her Strategy to Maximise Economic Recovery of North Sea oil and gas reserves, and (b) lay the final version of that strategy before Parliament.

Andrea Leadsom

Our oil and gas industry is incredibly important. It supports around 375,000 jobs, provides secure energy for our homes and businesses and generates billions of pounds for our economy every year, at home and through exports. The industry is an essential part of the Government’s plans to provide a secure, reliable energy source to UK homes for decades to come and we are committed to backing it.

We are working hard to implement the recommendations of the Wood Review – most importantly setting up the Oil and Gas Authority and, even with the challenges presented by lower oil prices, the North Sea still provides opportunities and remains fully open for business.

The consultation will be launched shortly. The Strategy will be laid before Parliament after the consultation has closed and Government has considered the responses it receives.