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Oil Sales (Policy)

Volume 975: debated on Tuesday 11 December 1979

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asked the Secretary of State for Energy what is his policy regarding the sale of oil from the British sector of the North Sea to other European Economic Community countries at preferential prices.

Her Majesty's Government do not determine the selling price of United Kingdom North Sea oil: United Kingdom oil prices follow the market. There is no preferential price for the United Kingdom market and there can be no question of such a price for EEC countries.