Lord Spicer
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Oil and Gas: UK Continental Shelf
Lord Spicer Excerpts(8 years, 3 months ago)
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Lord Bourne of Aberystwyth
My Lords, matters for the Budget are, of course, matters for the Chancellor. The noble Lord will know that I cannot comment on that.
Lord Spicer (Con)
Further to the question of my noble friend Lord Lawson, what is the projected life of the Total gas fields in Shetland?
Lord Bourne of Aberystwyth
My Lords, the noble Lord is right to raise the importance of the Laggan and Tormore fields. They will be there for a substantial period. I am not sure about the precise period but, as I say, it is a massive find. The greatest part of the energy fields yet unexplored remain to the west of the Shetland Islands and are of massive importance to the country.