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North Sea Oil

Volume 889: debated on Monday 24 March 1975

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asked the Secretary of State for Energy whether we are authorised under the Community treaties to restrict exploration licences in the North Sea to British firms; and, if not, what steps were taken in the negotiations in Dublin to safeguard our position in this respect.

There is no need for such authority because it is not United Kingdom practice to restrict petroleum exploration and production licences to British-owned firms. Licensees are, how-over, required under present regulations to maintain their central management and control in the United Kingdom.