Asked by: Ross Thomson (Conservative - Aberdeen South)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what steps his Department is taking to encourage businesses in the energy sector to take advantage of new export opportunities and international trade.
Answered by Greg Hands
The Department for International Trade (DIT) promotes trade and investment across the world and champions global free trade.
This department's support is targeted where government can add most value. We prioritise our global export promotion activity by identifying the sector-market combinations that present the greatest opportunities to achieve the maximum impact and success. The Department currently has 23 High Value Campaigns across the energy sector including oil & gas, civil nuclear and renewables.
UK Export Finance (UKEF) actively works with project sponsors to bring business to the UK. In the past 5 years, UKEF has provided over £2bn in support of energy exports.