HC Deb 10 May 2004 vol 421 cc86-7W
Llew Smith

To ask the Secretary of State for Trade and Industry what the annual cost to her Department of participation in the Pilot joint taskforce on the future of the UK oil and gas industry(a) has been and (b) is expected to be in the next five years; and how her Department measures value for money from participation in the Pilot taskforce. [170977]

Mr. Timms

provides the PILOT Secretariat, plus around £100K annually in direct support of industry initiatives and other related activity.

DTI's financial commitment to PILOT is expected to remain the same for the next £5 years, subject to continual review and reflecting the situation in the UKCS (United Kingdom Continental Shelf).

PILOT has set itself a number of challenging objectives that includes specific targets for production, investment and job creation. These objectives are transparent and measurable and DTI continually monitors progress.

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