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Mr. Raffan
asked the Secretary of State for Energy if the Government has yet been able to attract private investment for the Point of Ayr coal-to-oil liquefaction project.
Mr. David Hunt
I understand that British Coal is making good progress in finding private sector participation in this important project and I hope to make an announcement shortly. I welcome the considerable progress already made in the construction of the plant.
The Department stands by its commitment to meet the £2.5 million balance of its contribution on condition that a suitable private sector participant is found.