Oil Companies (Government Participation Proposals)

Part of Oral Answers to Questions — Prices and Consumer Protection – in the House of Commons at 12:00 am on 2nd February 1976.

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Photo of Mr Harold Lever Mr Harold Lever , Manchester Central 12:00 am, 2nd February 1976

I am glad, Mr. Speaker, that any effort you have made has resulted in my being here, and I am also glad that this successful effort is well regarded by my colleagues.

It is not true that we have been negotiating with what are, in effect, Government Departments. The eight companies that have agreed in principle include Deminex, a large German company, Tricentrol, Blackfriars, Ranger Oil, London and Scottish Marine Oil, and Scottish Canadian Oil and Transportation—and BP is certainly not a company that acts as if it were an extension of the Government or a Government Department.