(9 years, 11 months ago)
Commons ChamberThe hon. Gentleman raises a vital point, not least because of the fall in the oil price we have seen in the past few weeks, which is good news for the consumers at the pump but tough in Aberdeen. With the Wood review, we are reviewing and making more business friendly the regulation of offshore oil drilling, and we also have a review of the fiscal regime, because our goal is to get every economic drop out of the North sea.
Yesterday the Prime Minister had a meeting with north-east Lincolnshire Members of Parliament about the Scunthorpe steelworks site and the wider Tata long products divisional issue. As chair of the all-party parliamentary group for steel, I twice asked to attend that meeting and was twice refused. Will the Secretary of State please talk to the Prime Minister to see whether the APPG for steel can have a conversation with him so that the industrial divisional issue is not missed just because of the geography of Scunthorpe?
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I and the Government will do everything that we reasonably can to secure the future of steel production. Being open to international investment means that there are other opportunities; Tata itself is an international investor. None the less, while I acknowledge my hon. Friend’s argument, we must be vigilant and careful to ensure that should any changes be made, we are ready to support the local community.
The Minister has already said that he will talk to Gary Klesch and the Klesch group very soon, but will he also extend that courtesy to trade unions prior to meeting the Klesch group on the issue? Secondly, given that Tata has made this announcement about 50% of its European operations, which are primarily based in the UK, will the Minister also talk to Tata about its future developments in strip and tube? These types of decisions obviously lead to uncertainty, and we do not want to be here again in a few years’ time.
I commend the hon. Gentleman for the tone of his question, and he is absolutely right. We are having those conversations—the Business Secretary is in India as we speak having those conversations with Tata. Tata also has big strip product operations in the Netherlands, but the other announcement it has made on investment in Port Talbot demonstrates its commitment to steel in the UK.