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Oil Production

Volume 19: debated on Tuesday 2 March 1982

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asked the Prime Minister if she will take measures to stimulate the production of oil in the United Kingdom and investment in facilities for extraction.

Last year we produced more oil than we consumed. The substantial number of new petroleum licences issued over the past two years for both onshore and offshore areas are already providing a stimulus to further exploration—as is well illustrated by the recent award of production licences covering part of my hon. Friend's constituency.