ExxonMobil: Mossmorran Debate
Full Debate: Read Full DebateAndrew Murrison
Main Page: Andrew Murrison (Conservative - South West Wiltshire)Department Debates - View all Andrew Murrison's debates with the Department for Business and Trade
(1 day, 11 hours ago)
Commons Chamber
Chris McDonald
My hon. Friend is absolutely right. In our industrial strategy we point to the eight core sectors, including clean energy and defence—all areas in which Scotland is incredibly strong, and that are underpinned by our foundational industries. Our industry is a great strength of the UK—in Scotland, England, Wales and Northern Ireland—and one that for the first time in a generation is receiving a significant amount of attention from Government.
The company has been absolutely clear that this is the result of the economic and policy environment that it found itself in—it is as plain as a pikestaff. The Minister said that he has been in discussion with Exxon, including today, when presumably he discussed what it meant by “policy”. Will he please say clearly what policy issues Exxon has had that has led to this decision?
Chris McDonald
The company was quite clear that this is a commercial decision, based on investment and a lack of performance of the plant. If the company had wished the plant to compete, it would have made the decision that was made at Grangemouth and created a port for the importation of raw material. It did not do that, and it judges that that is an investment from which it will not generate a sufficient return.