Orders of the Day — North Killingholme Cargo Terminal Bill

Part of the debate – in the House of Commons at 7:48 pm on 4th July 1988.

Alert me about debates like this

Photo of Mr James Lester Mr James Lester , Broxtowe 7:48 pm, 4th July 1988

Is it not interesting that, although some companies are prepared to sign long-term contracts for the supply of imported coal, they are not prepared to sign long-term contracts for the price of that coal? The price has to be re-negotiated every year, so it will not be as long as my hon. Friend suggests before price3 return to the production costs which they are now well below.