Scotland’s Independence White Paper: UK and Scotland must work together, says Oil and Gas UK

Malcolm Webb, Chief Executive, Oil and Gas UK
Malcolm Webb, Chief Executive, Oil and Gas UK

Welcoming the SNP White Paper, Malcolm Webb, Chief Executive, Oil and Gas UK, said:

“Both the UK and Scottish Governments recognise the importance of the UK oil and gas industry and are aware the industry must be able to work in a secure and predictable fiscal regime. With just 10 months until the Scottish independence referendum, it is essential the constitutional debate does not create instability for our industry.

“We welcome the publication of the Scottish Government’s White Paper, Scotland’s Future – Your guide to an independent Scotland, and hope it may bring greater clarity to this debate.

“We are particularly encouraged with commitments to encourage exploration and measures to maximise the economic recovery of the oil and gas reserves. We also welcome reassurances on future decommissioning relief and the commitment to consult on future fiscal changes.

“It remains vital both Governments continue to work together in order to maximise the economic activity of the oil and gas industry for the benefit of all involved.”

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