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British cabinet to meet in Scotland amid independence fears

Published on Feb 24, 2014 10:39 AM

LONDON (AFP) - The British Cabinet will meet in Scotland for only the third time in history on Monday to announce plans for the country's oil industry, which it warns will decline if Scots vote for independence.

The fate of North Sea oil revenues will be a key issue ahead of the Sept 18 referendum to decide whether Scotland will end its 300-year-old union with England, and is expected to be the focus of Prime Minister David Cameron's Cabinet meeting.

In a statement released on Monday, the prime minister revealed new measures for the industry.

They include plans for the industry and government to work closer to share infrastructure and geophysical information and to ensure that licences are awarded with a view to extracting the maximum amount of oil.

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