The Parliamentary Under-Secretary of State for Business and Trade (Chris McDonald)
The Minister for Digital Economy (Baroness Lloyd of Effra CBE) has today made the following statement.
The Government’s answer to written question HL985, published on 8 October 2024, included the following paragraph:
“UK Seabed Resources Limited has two International Seabed Authority exploration contracts, UKSR1 and UKSR2. These have an initial period of 15 years with the contract period of UKSR1 ending in 2026 and UKSR2 ending in 2027.”
That paragraph contained errors, so I am correcting the record today. The paragraph should have read as follows:
“UK Seabed Resources Limited has two International Seabed Authority exploration contracts, UK1 and UK2. These have an initial period of 15 years with the contract period of UK1 ending in 2028 and UK2 ending in 2031”.
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