Scottish Government Launches New Decommissioning Fund

“Our forecasts suggest an average of GBP 1.7 billion [$2.1 billion] will be spent on decommissioning in the UK each year over the next ten years and so it is helpful that we should support the UK supply chain to develop its capacity to compete effectively,” the spokesperson said.

“Looking forwards we must ensure key assets are not decommissioned prematurely and that industry continues to deliver decommissioning in a safe, environmentally sound and cost-effective manner with sufficient early planning and co-ordination to enable the UK supply chain to develop competitive industrial capability,” the spokesperson added.