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Multi-million energy investment

A multi-million pound investment in Britain's oil and gas supplies will be announced by the Government today.

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Scotland welcomes UK's plans for gas and oil

Scottish Energy Minister Fergus Ewing said he welcomed the UK Government view that there is a long-term future for the industry.

He said that the UK strategy highlighted oil and gas as an "enormous economic resource for decades to come.".

Scotland's Oil and Gas Strategy, developed in conjunction with industry, lays out a plan to help the industry go from strength to strength, and rising capital investment - predicting that investment should rise from £11.4 billion in 2012 to over £13 billion in 2013 - clearly demonstrates the confidence investors and the industry have in Scotland

The Scottish Government has already launched its industry led Oil and Gas strategy and is implementing a range of measures to support the industry in this time of major investment. We welcome the UK Government's commitment to work with the Scottish Government in implementing its strategy.

– Fergus Ewing, Scottish Energy Minister

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