HC Deb 08 May 1957 vol 569 c67W
51. Mr. Moss

asked the Secretary of State for the Colonies why the United Kingdom Government have granted a licence to prospect for oil over the whole of Cyprus and its territorial waters to the Forest Oil Corporation, Pennsylvania.

Mr. Profumo:

The licence was granted by the Cyprus Government and covers the major part of the Colony and its territorial waters. No other company has recently shown interest of this kind in Cyprus, and I welcome all efforts by well-intentioned firms to develop the resources of the island.

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