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January 2014 North Sea drilling licensing round

The UK Government has announced a new licensing round for drilling for oil and gas in the North Sea. Coalition Ministers admitted that around 20 billion barrels of oil were still there to be found. In 2013 Alistair Darling, leader of Better Together, accused Alex Salmon of lying when he said that there were billions of pounds of reserves left in the North Sea. He said “it simply isn’t true”. In July 2013 the Labour MP accused Mr Salmond of having exaggerated the amount of oil and gas left in the North Sea, after the First Minister suggested around 24 billion barrels remained. Mr Darling insisted that the actual figure was one-twelfth of the First Minister’s figure.

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