News / “It’s wir oil”
SHETLAND MSP Tavish Scott has once again stressed Shetland’s key role in the forthcoming battle over who owns the rich oil and gas reserves surrounding the isles.
Responding to Monday’s announcement by the Scottish government that the industry could generate £48 billion in tax revenues over the next six years, Scott said on Tuesday first minister Alex Salmond had no claim to all that cash.
“An oil boom in the North Sea and west of Shetland would be great news for the community in whom these reserves exist – Shetland,” Scott said.
“I discussed the importance of Shetland’s energy resources on Monday with elected members of Shetland Islands Council.
“On this there is no doubt – it’s no your oil Alex, it’s wirs.”
Earlier this month, the UK’s Office of Budget Responsibility predicted the tax revenues to be just £31 billion.
Become a supporter of Shetland News
Shetland News is asking its many readers to consider start paying for their dose of the latest local news delivered straight to their PC, tablet or mobile phone.
Journalism comes at a price and because that price is not being paid in today’s rapidly changing media world, most publishers - national and local - struggle financially despite very healthy audience figures.
Most online publishers have started charging for access to their websites, others have chosen a different route. Shetland News currently has over 600 supporters who are all making small voluntary financial contributions. All funds go towards covering our cost and improving the service further.
Your contribution will ensure Shetland News can: -
- Bring you the headlines as they happen;
- Stay editorially independent;
- Give a voice to the community;
- Grow site traffic further;
- Research and publish more in-depth news, including more Shetland Lives features.
If you appreciate what we do and feel strongly about impartial local journalism, then please become a supporter of Shetland News by either making a single payment or monthly subscription.
Support us from as little as £3 per month – it only takes a minute to sign up. Thank you.