Russian Oil Import Ban

Richard Holden Excerpts

Wednesday 9th March 2022 Commons Chamber

[Kwasi Kwarteng]

The issues about Ukrainian debt relief are for a much wider set of participants than are reflected in this House. We will do everything we can to support the Ukrainian people, and we are looking at every possible intervention that can in some way lessen the burden of this ferocious assault.

[Mr Richard Holden (North West Durham) (Con)]

I thank the Secretary of State for his statement. The sanctions today are an excellent next step in what we are doing to clamp down on Russia’s ability to fund its war machine, but my constituents have two questions. First, how can they best support the Government’s actions with direct contributions themselves? Secondly, in their own interests as well, what is the UK going to do to boost our domestic oil, gas and coking coal supply to ensure not only that jobs are created here in the UK, but that we reduce our dependence on other international players at this point?

[Kwasi Kwarteng]

My hon. Friend is absolutely right. The issues of critical minerals and of security of supply could not be more important, and that is why I have commissioned a critical minerals strategy. On the help his constituents have offered and their full support, there are lots of ways in which we can contribute financially and materially. I helped organise such an effort in my constituency only last week, led by my excellent party chairman, Mike Brennan, but there are lots of ways we can help. On security of supply, that is absolutely, as the Prime Minister has said, our most important consideration right now.