00:00It'll mean that we can accelerate the necessary transition to clean energy
00:06that gives us greater security as a country from our own energy generation.
00:11And it means the proceeds of this oil and gas coming ashore now
00:16can be invested for the future generations.
00:19If we'd done this when North Sea oil and gas was first discovered in the 1980s,
00:24we'd have a British sovereign wealth fund now that would be worth probably a trillion pounds.
00:30And the one thing that matters to me today is that this demonstrates
00:34that when Britain sets its mind to do something, we can do it.
00:37The gas coming ashore from Jackdaw within a month
00:40will be heating people's homes and powering people's businesses.