§ Mr. StunellTo ask the Secretary of State for Trade and Industry what the total(a) direct and (b) indirect Government support for the energy sector, including oil and gas production, was in each year since 1990. [18831]
§ Mr. Wilson[holding answer 28 November 2001]: I refer the hon. Member to the reply I gave to him on 16 November 2001, Official Report, columns 918–19W. Direct support for oil and gas production is set out in the table.
Since 1998 the Government have also worked with the oil and gas industry through the Oil and Gas Industry Task Force, now PILOT, to identify and deliver the measures necessary to ensure continued profitable activity on the UK Continental Shelf. The industry has made clear to me that they see PILOT as playing a crucial role in getting investment back to 1998 levels. Capital expenditure on UKCS projects was near £3 billion in 2000 and looks set to be substantially higher this year, and oil and gas production remains at peak levels of 4 million barrels of oil equivalent per day.
Sustained Hydrocarbons Additional Recovery Programme (SHARP) and predecessor programmes:
Financial year £ million 1989–90 5.000 1990–91 5.631 1991–92 5.087 1992–93 5.196 1993–94 5.000 1994–95 4.400 1995–96 4.400 1996–97 2.251 1997–98 3.215 1998–99 2.963 1999–2000 2.857 2000–01 2.731 2001–02 11400 1To date Support for the development of new products and services and competitiveness improvement within the UK oil and gas supplies sector:
102W
Financial year £million 1989–90 2.316 1990–91 2.958 1991–92 3.12
Financial Year £ million 1992–93 2.671 1993–94 2.718 1994–95 2.34 1995–96 4.04 1996–97 2.603 1997–98 1.657 1998–99 1.667 1999–2000 1.65 2000–01 1.537 2001–02 1.71 1 Total