Fossil Fuels: Export Credit Guarantees

(asked on 19th November 2020) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, pursuant to the Answer of 18 November 2020 to Question 91998 on Fossil Fuels: Export Credit Guarantees, what the type of fossil fuel project is for each request being considered by UKEF.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 25th November 2020

The fact that UK Export Finance (UKEF) is considering a transaction is not necessarily indicative of future support.

The projects currently being considered relate to: petrochemical, chemical derived fertiliser, gas fired power station efficiency upgrades, power related pipeline, floating production, storage, and offloading (FPSO) activities, water pumps for oil and gas platforms, wastewater treatment, and equipment for oil and gas production, as well as potential support to be provided under UKEF’s Export Development Guarantee product.

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