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Lord Hunt of Kings Heath (Lab)

Speaking in the House of Lords on 12 February 2025

Debate

Rosebank and Jackdaw Oilfields

Contribution

My Lords, I have always thought that Aberdeen’s influence in the oil and gas sector is something we should treasure. Whether actions we take here will be influential internationally is a matter we will have to see follow. We think it right that developers who have gone through the licensing process must be allowed to finish that. We believe that our calculations embrace that. We have reached the right decision: we will continue to support the North Sea and recognise the contribution it makes, but we will not agree to any new licences. We have reached a balanced approach there. I am of course very interested in the report the noble Baroness mentioned.

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