§ 55. Mr. Errollasked the Chancellor of the Exchequer, what is the total revenue derived from the sale abroad of oil accruing from the world-wide operations of the British oil industry; and what expenditure of foreign currency in the form of concession fees, royalties, foreign equipment, labour and other local services is involved in securing this revenue.
§ The Financial Secretary to the Treasury (Mr. Glenvil Hall)In 1946, sales about £100 millions. There are no figures to show what part of the industry's foreign exchange expenditure is related to these sales.