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 cannot say that I find the advice and comment that I get from my hon. Friends below the Gangway wholly unrewarding, but I must tell them, and, indeed, the whole House, that my duty is to conduct these negotiations in a way that will both fulfil the interests of the Government and the British people and reconcile those interests with the legitimate rights and obligations of the oil companies that are engaged in this vast, expensive and hazardous operation.