Department for International Trade written question – answered at on 23 January 2020.
To ask the Secretary of State for International Trade, what the value was of export credits awarded to projects relating to mining, transporting or generating electricity from (a) coal, (b) oil and (c) gas in each of the last five years.
UK Export Finance (UKEF) has provided the following amount of support for projects relating to mining, midstream activities (including transporting of oil and gas) and power plants, in respect of coal, oil and gas over the last five financial years (figures reflect UKEF’s maximum liability in each financial year).
Coal | Oil & Gas | |
2014/15 | 0 | £128m |
2015/16 | 0 | £186m |
2016/17 | £23m | £172m |
2017/18 | 0 | £175m |
2018/19 | 0 | £878m |
The figures for oil and gas have been combined as it is not always possible to separate these out for specific projects.
The main reason for the difference in figures between 2017/18 and 2018/19 is support for a single, high-value project in the region of £700m.
Yes2 people think so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.