Written question asked by Lord Hanningfield (Conservative), in the House of Lords. It was answered by Lord Sainsbury of Turville (Labour) on Tuesday, 7 November 2006.
Iran: Export Credit Guarantees
- Question
- How many export credit guarantees have been granted to British firms involved in activities in Iran in each of the last 10 years; and, in each case, what was (a) the name of the company to which the export credit guarantee was granted; and (b) the nature of the company's business.
- Answer
-
In the past 10 years, the Export Credits Guarantee Department has provided support in respect of business with Iran on 43 cases. It is the ECGD's policy not to disclose details of insurance policies it provides, or the fact of having provided insurance, where it considers the disclosure of such information might increase the likelihood of discriminatory default by the bodies whose payment obligations the ECGD is insuring (because the commercial interests of the ECGD and the UK economy would be prejudiced by such a default). Neither does the ECGD disclose such details where it is aware that the commercial interests of certain exporters are likely to be prejudiced by such a disclosure. Pursuant to this policy, 15 insurance policies, which have been issued in respect of business with Iran in the past 10 years, are not included in the table below.
Year Name of exporter company Nature of company's business 2001 Skanska Construction Uk Ltd Provision of project management services for the construction of a coal mine 2002 Air Products Plc Air separation plant Snamprogetti Ltd Design, supply and construction of a carbon monoxide plant Shell Research Ltd Monoethylene glycol plant 2003 Brackett Green Ltd Design, manufacture and supervised installation of mechanical screening equipment for water intake project Snamprogetti Ltd Styrene monomer plant Cri Catalyst Company Uk Ltd Plant for Bandar Assaloueh (NPC) petrochemical project Pipeline Tube And Casing Ltd Pipeline: pipes, fittings for petrochemical project Johnson Matthey Plc Chemical catalysts for petrochemical project Spx Cooling Technologies Uk Ltd Cooling tower design for petrochemical project Pipeline Tube And Casing Ltd Carbon steel pipes for petrochemical project Motivair Compressors Ltd Air compressors Ele Advanced Technologies Ltd Machining of turbine blades Pcc Sterling Ltd Crude oil heaters Alderley Systems Ltd Supply of hydrocarbon liquid, custody metering packages for petrochemical project 2004 Shell Research Ltd Monoethylene plant Alderley Systems Ltd Supply of hydrocarbon liquid, custody metering packages for petrochemical project Man Ltd Supply of mechanical, piping and electrical equipment for oil and gas project Doncasters Middle East Ltd Turbine blade technology Spx Cooling Technologies Uk Ltd Cooling tower design Salzgitter Mannesmann (Uk) Ltd Supply of steel and steel-related products for oil and gas project Capital Valves Ltd Hydrogen peroxide plant Capital Valves Ltd Valves for CO2 gathering plant Capital Valves Ltd Valves for CO2 gathering plant 2005 Sembcorp Simon-Carves Ltd Design, supply and commissioning of a low-density polyethylene plant Brackett Green Ltd Mechanical screening equipment Alderley Systems Ltd Hydrocarbon metering 2006 Sembcorp Simon-Carves Ltd Design and supply of equipment and construction of a polystyrene plant
Secondary information
- Type
- Written question
- Reference
- 7746; 686 c125-6WA
- Session
- 2005-06
- Related items
- Subjects
- Export credit guarantees Overseas companies Iran
- Contains statistics
- Yes
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-25 16:36:30 +0000
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- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1182020
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