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North Sea Oil

Volume 889: debated on Thursday 10 April 1975

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asked the Secretary of State for Energy whether the rules of the EEC permit Great Britain to make North Sea oil available to industrial and domestic consumers in Great Britain at more advantageous terms and prices than to industrial and domestic consumers in other member States of the EEC.

It is the intention of the Government that North Sea oil should be disposed of at market prices. Differential pricing would involve a significant departure from Government policy. To the extent that it would distort competition it would also be inconsistent with the Treaty of Rome.