That is indeed good news for the country; it is worth around 2,000 jobs in the country as a whole. It is because our recent tax changes have been able to support the development of remote deep-water fields that the project announced by Total can go forward. It has a development cost of £2.5 billion, and Total has awarded a contract worth £200 million to Corus Tubes to manufacture the gas pipelines in Hartlepool. That means jobs in Hartlepool, jobs in the north-east and jobs in Scotland. It means 2,000 jobs in the UK as a whole, and that is because a Government have been prepared to support with tax reliefs the development of North sea oil and gas.
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