(4 years, 8 months ago)
Commons ChamberI regularly discuss with the ministerial team from the Department for Business, Energy and Industrial Strategy matters of importance to Scotland, including the significant support that the UK Government provide to the oil and gas industry. As I said earlier, I have been communicating with stakeholders across Scotland, one of which is Oil & Gas UK. I spoke to it last week to ensure that the industry is informed of current arrangements, and to ensure that the Government understand the impact of those arrangements on the industry and can support it wherever possible.
Clearly the future of the oil and gas industry in the North sea is of the utmost importance to the UK economy, and the industry will need a long-term view. What measures can my hon. Friend introduce to ensure that the industry is protected and enhanced as we move towards a carbon neutral future?
I wholeheartedly agree with my hon. Friend’s assessment. It is crucial to continue to support the oil and gas industry in the transition to net zero. That is reflected in our manifesto commitment to working with the sector on a transformational sector deal. The oil and gas sector is already assessing what could form part of this deal through its “Roadmap 2035”, which addresses how the industry can be part of the solution to the challenges that the transition to a net zero economy will bring.