Paul Wheelhouse: Scotland’s oil and gas industry has helped power the Scottish and UK economy for decades. Our new Energy Strategy confirms that the sector has a major role to play. There are very good reasons for that. Scotland remains at the forefront of the worldwide oil and gas industry. Half a century of North Sea oil and gas exploration and production has created a hugely valuable Scottish industry, with internationally renowned offshore engineering expertise. Our world leading supply chain now trades with over 100 countries. Oil and gas production was worth an estimated £17.5 billion to the Scottish economy in 2016/17. We are estimated to be the largest oil producer and second largest gas producer in the EU, on an internationally comparable basis, producing almost six times as much natural gas as we consume, with more than 2000 companies supporting circa 115,000 Scottish oil and gas supply chain jobs in 2017. Scotland’s first Energy Strategy includes and celebrates the strength of the sector. But it does more than simply acknowledge the oil and gas sector’s impressive past and present success – it deliberately and rightly underlines the positive role that the industry will play in our future energy system too.
Energy Voice 4th Jan 2017 read more »