Russian Oil Import Ban

Ben Spencer Excerpts

Wednesday 9th March 2022 Commons Chamber

[Kwasi Kwarteng]

My right hon. Friend the Chancellor and I, and our Departments, speak all the time about these issues. The hon. Member will appreciate that there is a spring statement, but at the beginning of February my right hon. Friend announced an extensive £9 billion of projects. We will be looking across the year at how this market develops, but fiscal interventions, as she will appreciate, are a matter for my right hon. Friend.

[Dr Ben Spencer (Runnymede and Weybridge) (Con)]

I very much welcome my right hon. Friend’s announcement today. It cannot be right that we are bankrolling the Russian state and war machine through buying Russian oil and gas, and I am glad that we are moving to fix this at pace. He will know that we import quite a lot of aviation fuel from Russia, and his Department has done fantastic work in developing sustainable aviation fuel and its manufacture in the UK. Will he use this as an opportunity to drive that forward at even greater pace to set up SAF manufacture in the UK?

[Kwasi Kwarteng]

My hon. Friend raises a really important point. With the dismal prospect of the ferocious aggression and violence that we are seeing, one of the things we are thinking about is a more sustainable future. A very thin silver lining on a very dark cloud is the fact that we are talking about resilience and sustainability, and I am absolutely delighted to be working with my hon. Friend and with right hon. and hon. Friends in the Department for Transport to make sure that we accelerate the adoption of sustainable aviation fuel.