Dudley’s “Dilemma” by Councillor Shab Jaffri

Dudley’s “Dilemma”

You may recall that recently when I was giving you my tuppence worth on Tom Carney’s visit to Edinburgh I had suggested he was Westminster’s feeble attempt to put a spanner in the works and that I warned to expect more spanners in various shapes and forms.cllrshabjaffri1

Well I believe Mr Dudley came in one of those guises that Cameron has adorned.

From the Unionist’s point of view you can’t find a bigger gun than the Group Chief Executive of BP to throw into the Referendum Debate.

However, what Dudley doesn’t realise is that in actual fact he’s been thrown to the lions, in an amphitheatre constructed by Cameron, but in which the Master of Ceremonies is “cool hand Alex”.

A powerful and influential man like Dudley and a multinational giant like BP is a perfect combination or from the Better Together’s point of view a lethal cocktail to frighten the Scots that “if you dare vote YES you will lose all the benefits of capital enterprises like my multi- billion pound company offers your country and economy”.
In addition they must have thought Dudley will look good because as a foreigner his comments will be credible and genuine since he is non partisan.

This, they thought,would send us panicking into a corner and abandon our silly notion of seeking independence because thousands of our country men and women will be made redundant on the 19th of September 2014.

We will lose £22 billion which our economy benefits annually from oil and gas output from the North Sea as Mr Dudley wants us to believe that every other oil and gas company will be making a sharp exit because of independence.

Dudley cites his fears and concerns over uncertainties regarding whether Scotland will continue to use the sterling.

For a CEO of a multi national company that deals in numerous types of currencies, from the Yen to the Dollor to the Rupee to Dinars and Dirhams, it is difficult to understand why then a company globally experienced should be so worried about a small country like Scotland becoming independent and what currency it may use.
Surely our fair land cannot be worst than Iraq, Mexico or Libya. None of these countries use the sterling.

He also cited uncertainty over our potential links with Europe. What exactly these concerns are he never quite explained but if our potential links give rise to his concerns is he not concerned about the present uncertainty between Westminster and Europe, or does that not affect his company?

This is a view,however ill advised, belonging to the person of Mr Dudley and not reflective of CEO’s of many other companies and corporations drilling away in our waters.

I am certain the other CEO’s have deliberated over the potential Sterling union between Scotland and the UK.
Mr Dudley’s statement that ” all businesses have a concern” is baseless and totally unfounded.
After having listened to Tom Carney describe this union possible and workable they have realised that their organisations will not suffer in any shape or form under an Independent Scotland. If they had any uncertainties I am sure that with the news that Scotland will retain the Sterling under the auspices of a union such uncertainties have been put to bed.

As the future of North Sea oil is at the centre of the independence debate and the revenues from gas and oil form a valuable lever in our finances and economy there will be further unwarranted propaganda from our opposition on this very subject with a view to discredit our campaign.

From the £22 billion or so generated annually from this industry we can be sure that BP with its biggest share of the market will be the one making the most money from our shores. Total oil and gas production equates to 17 percent of Scotland’s national income.

Mr Dudley contradicted his own concerns especially over uncertainty about the sterling. If he was so worried and scared about Scotland’s Independence he would have halted new investment into North Sea until the outcome at least became known to him.

However,on the contrary his company will be injecting a further £6 billion over the space of the next three years. That does not reflect any amount of uncertainty to me.

Since 1965 BP has poured a staggering £35 billion of investment capital into the North Sea.

The bottom line is that oil companies will go forth wherever there is oil; whether that is in a country run by tyrants or dictators or in a nation where there is
a blatant abuse of human rights. Their motive of greed supersedes above all.

Therefore I can bet my bottom dollar, or Durham, dinar, rupee for that matter, that whatever the currency in a new and independent Scotland not one company from this industry will leave or could afford to leave!

As the First Minister said yesterday the Scottish Government will always be supportive and offer its full cooperation.

Maybe Mr Dudley should get his PA to fix an appointment with the FM, I am sure Alex will be happy to dispel any ” uncertainties” he has.

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