Salmond claims a more stable oil and gas policy under independent Scotland

Scotland's First Minister Alex Salmond

This article was last updated on April 16, 2022

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Scotland's First Minister Alex SalmondScotland’s First Minister Alex Salmond has claimed the North Sea oil and gas policy would be more stable under an independent Scotland, ahead of separate U.K. and Scottish cabinet meetings in the Scottish city of Aberdeen regarding the future of the industry ahead of Scottish referendum.

Mr. Salmond has said on a BBC Radio 4’s programme on Monday: “One of the things that a Scottish control of oil and gas would offer is a much more stable long-term policy.”

The First Minister has also accused the British government of mishandling the industry as there had been 16 tax changes in the North Sea in 10 years and 14 oil ministers in 17 years.

The Scottish National Party (SNP) leader has criticized Westminster’s policies on the sector for causing “uncertainty” and deterring investment.

Moreover, he promised that an independent Scotland would be able to manage oil revenues in a better way.

As the debate intensifies on Scottish independence, London is now promising to boost Scotland’s energy sector. 

British Prime Minister David Cameron had said on Sunday the oil and gas industry would be best served by Scotland remaining in the U.K.

In an intention to convince voters that oil income will not be enough to give an independent Scotland a reliable economic base, Mr. Cameron’s has claimed that the U.K.’s “broad shoulders of one of the top ten economies in the world” were best able to support investment in the industry in the future and generate huge revenues.

In this regard, the British Prime minister will disclose plans to boost North Sea oil revenue by £200 billion over the two decades

Mr. Salmond has however, dismissed Mr. Cameron’s comments as “nonsensical” quoting an example of a small nation with one of the most successful oil and gas industries in the world as he has told: “we only have to glance across the North Sea to Norway”.

“I just think that we should have consistency of [energy] policy, Scottish-based policy.”

Earlier, Mr. Salmond has said on Sunday he would co-headquarter the new energy department for an independent Scotland in Aberdeen and Glasgow.

Scotland will celebrate its independence day on 24 March, 2016, in case Scottish people will vote ‘yes’ for Scottish independence on 18 September, 2014, in an effort to break away from more than 300 years old political union.

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