Commenting on a modern industrial strategy

Chris Hunt, director general of UKPIA
With the Government launching its green paper for a new Industrial Strategy for the UK last week, UKPIA was among the first to announce its intention to respond to the consultation from a downstream oil perspective.
Chris Hunt, director general of the UKPIA commented: “The UK Petroleum Industry Association welcomes the launch of a new industrial strategy for the UK and looks forward to responding to the consultation.”
“Designed correctly, a purposeful industrial strategy can help create an environment where industry can deliver and thrive. Above all, a long-term strategy should seek to address the competitiveness challenge affecting UK manufacturing and seek to establish regulatory stability and confidence for industry.”
“Our downstream oil sector in the UK plays a pivotal role in powering our nation’s mobility and fuelling our economic engine and national growth. We urge government to remain mindful of the essential processes and products provided by UKPIA members and similar key infrastructure providers that facilitate the solid industrial platform upon which the nation can build a bright post-Brexit future. To that end, we stand ready to engage in the development of a meaningful industrial and energy strategy for the future.”

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