Written statement: Royal Navy Estate - July 15

Wednesday, 15 July 2026 11:06

Minister for Defence Readiness and Industry (Luke Pollard): I am today announcing that the Ministry of Defence has completed the purchase of Finnart Oil Terminal, representing a multi-million-pound investment in the West of Scotland. This is a strategically important investment that strengthens the United Kingdom's national security, reinforces our energy resilience, and underpins the operational effectiveness of the Royal Navy. At a time of heightened global uncertainty -...Request free trial