European Union: Recent Developments — Motion to Take Note

Part of the debate – in the House of Lords at 9:02 pm on 17 December 2012.

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Photo of Lord Lea of Crondall Lord Lea of Crondall Labour 9:02, 17 December 2012

I thank the noble Lord, Lord Stoddart, for giving way as I gave way a couple of times to him. Is he not aware, as it has been pointed out to him on more than one occasion, that oil and gas represent 22% of Norwegian GDP and 67% of Norwegian exports and that is the heart of the reason why Norway is so successful. Does he not accept that?