§ 78. Mr. Kennedy
To ask the Secretary of State for Energy what is his estimate of the value of business opportunities for the United Kingdom fabrication sector within the single European market post-1992; and if he will make a statement.
§ Mr. Peter Morrison
We expect new orders in goods and services on the UKCS in the early 1990s to be between £2.5 billion to £3 billion per annum, of which fabrication represents around 20 per cent. The UKCS will continue to represent some 70 per cent. of the offshore market in the Community.