Oil and Gas Reserves

Part of Oral Answers to Questions — Energy – in the House of Commons at 12:00 am on 17 June 1991.

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Photo of Mr Colin Moynihan Mr Colin Moynihan , Lewisham East 12:00, 17 June 1991

I agree with my hon. Friend. Nearly half the oil so far discovered on the United Kingdom continental shelf and almost two thirds of the gas remain to be produced. We look set, therefore, to remain self-sufficient in oil well into the decade and a significant producer into the next century.