Scots announce plan to double oil and gas sales by 2020
Scotland’s First Minister, Alex Salmond, announces plan to double oil and gas sales by 2020.
An aggressive six-point plan to increase Scotlands’s percentage of the international oil and gas marketing were revealed in Aberdeen by Scottish First Minister, Alex Salmond, increasing exports to 60% by 2020, with an annual sales target of £30 billion for the domestic market (twice as much as the 2010 figure).
“Oil and gas is one of Scotland’s greatest industrial success stories, having transformed the economic well-being of the UK over the last 40 years.
“With as much as £1.5 trillion of oil remaining to be extracted from reserves around these islands, an increasingly buoyant export sector now reaching 100 different countries and emerging opportunities to deploy the sector’s vast expertise in other offshore projects, the industry has a bright future.” announced Mr Salmond.
