§ Mr. Hector Hughesasked the Minister of Power if he is aware that the terms relating to the granting of licences to drill for oil and gas in the British sector of the North Sea should be considered and determined as a matter of national duty and made public before the licences are granted; and if he will state in advance what the proposed terms are before the relevant contract is made.
§ Dr. BrayYes. My right hon. Friend will announce the proposed financial terms and the considerations which will govern the award of licences at the time when he invites applications.
The financial terms and the main considerations governing the award of licences were announced when applications were invited.