HC Deb 11 February 1946 vol 419 cc25-6W
Brigadier Rayner

asked the Secretary of State for Foreign Affairs whether he is yet in a position to make a statement on the present position of British-owned or controlled oil fields in Rumania; and what procedure will be followed with regard to compensation in the case of those which have been expropriated.

Mr. McNeil

All British owned companies in Rumania are now under the management of their British owners. I do not know of any British oil company in Rumania which has been expropriated, but any compensation due to them from the Rumanian Government as a result of loss or damage during the war is safeguarded by the Armistice Terms and will, if necessary, be covered by appropriate provisions in the Peace Treaty.