Oral Answers to Questions — North Sea Oil (Export)

Part of the debate – in the House of Commons at 12:00 am on 3rd May 1976.

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Photo of Mr Trevor Skeet Mr Trevor Skeet , Bedford 12:00 am, 3rd May 1976

Does the Secretary of State agree with the statement by Mr. Willmott that two-thirds of the North Sea oil must be refined here? Does he agree that that is tantamount to putting a qualification on the amount of oil that can go abroad? As the refinery mix is 25 per cent. low sulphur and the remainder lower-grade oil, would it not be advantageous to the balance of payments to export more than was first anticipated?