Energy Infrastructure: Chinese Companies Debate
Full Debate: Read Full DebateBrian Leishman
Main Page: Brian Leishman (Labour - Alloa and Grangemouth)Department Debates - View all Brian Leishman's debates with the Department for Energy Security & Net Zero
(1 week ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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As I have said, we are going through the robust processes to try to make absolutely sure that our national security is not compromised by investment from overseas, and we will continue to do that.
The Grangemouth refinery is a vital piece of Scottish infrastructure, and its economic contribution to the Scottish economy is worth more than £400 million every year. The Grangemouth refinery is also a joint venture between PetroChina, owned by the Chinese state, and INEOS, a multinational conglomerate. Together, they are Petroineos. The refinery is due to close, with thousands of jobs being lost, an unjust transition and Scotland having to rely on importing oil, all at a time of great global volatility. Why are this Government allowing a foreign Government and private capital dictate Scotland’s industrial capacity, its ability to produce oil and, overall, our national security?