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North Sea Oil Revenues

Volume 941: debated on Monday 9 January 1978

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13.

asked the Secretary of State for Energy what representations he has received regarding the disposal of North Sea oil revenue; and what action is proposed.

I have met several groups of my hon. and right hon. Friends and representatives of trade unions to hear their views on the question of the use of North Sea oil revenues. The Government have not yet reached a view on this subject and will announce their plans in due course.