Skip to main content

North Sea Oil Operations (Financing)

Volume 981: debated on Wednesday 19 March 1980

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Energy on what dates the working group set up in 1974 comprising members drawn from banking, his Department and the Treasury met; if details of their deliberations are available; and which civil servants from his Department attend these meetings.

I assume the hon. Member is referring to the informal working group on financing of North Sea oil operations which is chaired by the Bank of England. Details of its deliberations are not available. The working group has met on 11 occasions, approximately every six months, since it began in 1975. A number of my officials who advise on matters in which the group has an interest have attended the meetings.