Darling oil blunder reveals Project Fear panic

Darling oil blunder reveals Project Fear panic

Alistair Darling has been challenged to withdraw his ‘ridiculous’ claim that there are only 2 billion barrels of oil left in the North Sea, after the SNP accused the No campaign of ‘panicking’ over the success of Scotland’s North Sea oil industry.

Speaking on Reporting Scotland, Mr Darling said that “He [Alex Salmond] inflated the amount that he thinks is left in the North Sea to something like 12 times what the independent experts say”

However, the figure used by Mr Salmond of 24 billion barrels is an accepted industry figure, and was even used in the UK Government’s own oil and gas strategy published in March.

Commenting, SNP MSP for Aberdeen Donside Mark McDonald said:

“Yet again, the No campaign seem to be falling over themselves in their desperation to attack anything said by the SNP.

“Alistair Darling’s claim that there are only 2 billion barrels of oil left in the North Sea is absolutely ridiculous – contradicting even the UK Government – and he should withdraw it immediately.

“We simply cannot believe a word that Project Fear say. They are panicked by the success of Scotland’s North Sea oil industry, which they are desperately trying to claim is somehow a burden on Scotland.”

Mr McDonald also welcomed the announcement today from Chevron energy that it had awarded contracts worth over half a billion pounds for its Alder and Rosebank projects to companies including Aker Solutions in his Aberdeen Donside constituency.

Chevron’s press release quotes UK Minister Michael Fallon who – in stark contrast to rhetoric elsewhere from the anti-independence campaign – said that “the North Sea is seeing a resurgence of investment” and “The Rosebank and Alder projects are worth billions of pounds and will unlock significant new oil and gas reserves.”

Mr McDonald added:

“This is fantastic news for Aker Solutions and I warmly congratulate them on being awarded this contract.

“On the very day that the No campaign is peddling the same old fears to the people of Scotland about the future of the oil industry, a UK Government Minister is telling a different audience about a ‘resurgence of investment’ which will unlock new oil and gas reserves.

“As today’s detailed Scottish Government paper makes clear, the North Sea oil industry has a very bright future, but only with the right handling –which is what independence offers.”

The UK Government used the 24 billion barrels figure in their oil & gas strategy published in Marchhttps://www.gov.uk/government/uploads/system/uploads/attachment_data/fil

It notes: There is a large enough resource base to feed supply chain field development and operations to well beyond 2050: over 41 billion barrels of oil equivalent have been recovered from the UK, but a further recovery of 15-24 billion barrels could be achieved with further new investment.

 

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1 Comment

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One response to “Darling oil blunder reveals Project Fear panic

  1. The fact that the BBC and the MSM will print anything the NO Brigade say without blinking an eye is beginning to backfire on NO. This is yet another example of a rushed press release where NOBODY has checked the facts. Great news for YES – another bullet in the foot for NO.

    VOTE YES in LESS than 420 days

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