HC Deb 29 April 1969 vol 782 c1137
32. Mr. Ron Lewis

asked the Minister of Power if he is satisfied with the progress that has been made in implementing the Government's policy on home refining; and if he will make a statement.

Mr. Mason

With the addition of 11 million tons of annual capacity in 1968 and a further 17 million tons under construction substantial progress has been made towards the Government's objective that home refining capacity should match in total inland demand and bunkers. Net imports of petroleum products are being reduced and by 1970 refinery capacity should be sufficient in total to allow some net exports.

Mr. Lewis

How much of the new refinery capacity is owned by British companies?

Mr. Mason

About 40 per cent.

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