What the growth in Scottish oil and gas exports means for Scottish independence

Oil and gas industry exports in Scotland reached £8.2bn for 2011-2012, according to new figures released by the Scottish Council for Development and Industry. It is the fourteenth consecutive year of the growth in the sector. 

 Beyond the sales of hydrocarbons, offshore equipment, construction and drilling services now account for almost half of sales around the world. Speaking at the Offshore Technology Conference in Houston, Texas, Scottish Energy Minister Fergus Ewing said:

 “The Scottish Government recognises the substantial contribution that the oil and gas industry makes to our economy. We are working with the industry to continue to strengthen Scotland's position as a global leader in the sector and these figures mark further growth in this important part of our economy. There are huge opportunities open to us internationally, and we are determined to make the most of them.”...READ MORE