Scotland’s current oil and gas reserves worth around £1 TRILLION

Professor John Robertson OBA

Thanks to K McEwan for alerting us to this:

In the Telegraph, two days ago, the above and:

Around 85% of these reserves, 21.25 billion barrels, lie in Scottish waters.1

Each barrel of oil is worth around $60 or £452, so we have around £1 trillion in Scottish waters

Sources:

  1. https://www.parliament.scot/chamber-and-committees/papers-2023
  2. https://www.investing.com/commodities/crude-oil
You can support Talking-up Scotland at: https://www.crowdfunder.co.uk/checkout/help-talking-up-scotland-tell-truth-about-scotland/payment/nBQxjVzq/details or by direct bank transfer method - Bernadette/John Robertson, Sort code 08-91-04, Account 12266421

6 thoughts on “Scotland’s current oil and gas reserves worth around £1 TRILLION”

  2. £1Trillion of Oil in Scottish waters ?

    I do hope this has been checked with Sir Ian Wood as he is the man who knows , isn’t he ?

    Like

    Reply

  3. Quite frankly I wish there were no oil or gas reserves in Scotland…greedy oligarchs don’t like giving up what they see as their own, no matter which country, naming no names, Venezuela and others.
    If anything, re securing independence, should Scotland do a wee deal with the EngGov and allow them to keep half or less, of Scotland’s oil/gas reserves but leave our renewables well alone? Or is that a crazy idea.

    Like

    Reply

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.