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Participation Agreements

Volume 14: debated on Tuesday 8 December 1981

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asked the Secretary of State for Energy whether he will list the participation agreements between himself, the British National Oil Corporation and the oil companies, indicating (a) the oilfields concerned in each of the agreements, (b) the date of the agreements and (c) the nature of each of these agreements.

Details of the companies with which participation agreements have been concluded were provided in my reply to the hon. Member for Bedford (Mr. Skeet) on 26 October. A statement and summary of each agreement have been laid in the House under the certification procedure provided for in section 1(1) of the Participation Agreements Act 1978.