A Conservative UK Government will deliver a sector deal for oil and gas industry that would help protect jobs in areas like Banff and Buchan, local candidate David Duguid has said today.
The party’s general election manifesto includes the pledge to negotiate a ‘transformative’ agreement for the industry that sustains 120,000 jobs in Scotland, mostly here in the north-east.
Oil and gas industry leaders have estimated the deal could be worth £1trillion, and would create three ‘centres of excellence’ in transformational technology, underwater engineering and decommissioning.
Scottish Conservative candidate for Banff and Buchan David Duguid said
If the Conservative are voted back into government at this election, we will deliver a sector deal for oil and gas that will invest in this vital industry and protect jobs in the north-east of Scotland.
Many people in the Turriff area are employed in oil and gas – as I was for 25 years – and will be well aware of the knock-on impact it has on every other part of the economy.
The sector is only just recovering from the most severe downturn in its history.
At this election, Labour has threatened to impose an £11bn tax on oil and gas companies that would threaten 120,000 jobs and scare off investors.
Nicola Sturgeon and the SNP want to do a deal with Labour to prop up Jeremy Corybn in Number 10 and has not yet ruled out supporting this disastrous proposal.
The Scottish Conservatives will always stand up for our key industries, including oil and gas, and we are committing to delivering the sector deal that the industry wants.
This is a 2019 General Election Campaign press release.
You can see all candidates in the Banff & Buchan constituency here and read the My Turriff statement on our transparency here.