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Mr. Lawson
asked the Chancellor of the Exchequer if he will list for each year since 1970 the total Government revenue from North Sea oil and gas operations.
Mr. Joel Barnett
Following are the figures:
| £ million | |
| 1970–71 | 5 |
| 1971–72 | 10 |
| 1972–73 | 15 |
| 1973–74 | 15 |
| 1974–75 | 20 |
| 1975–76 | 25 |
| 1976–77 | 85 |
| 1977–78 | 240 |