Venezuela oil dollars/TfL transport advice deal

Meeting: 
MQT on 2007-05-23
Session date: 
May 23, 2007
Reference: 
2007/1236
Question By: 
Peter Hulme Cross
Organisation: 
One London Party
Asked Of: 
The Mayor

Question

How much money has been received so far as part of the deal between TfL and the Venezuelan government and what is the cost to TfL so far of any advice given as part of the deal?

Answer

Answer for Venezuela oil dollars/TfL transport advice deal

Answer for Venezuela oil dollars/TfL transport advice deal

Answered By: 
The Mayor

Under the Energy Funding Agreement a request for funds from TfL is not due until after the commencement of the discount fares scheme, therefore no money has been received to date. TfL has also not offered any advice to date. The priority areas for advice will be decided following the Transport Commissioner's visit planned for June.