HC Deb 10 July 1967 vol 750 cc13-4W
81. Sir W. Teeling

asked the Secretary of State for Foreign Affairs whether, in view of the present difficulty in obtaining oil for the United Kingdom, he will consider seeking an agreement with Rumania whereby Great Britain can take the oil Rumania wants to sell and with the proceeds paying off some of the claims of the British oil companies against Rumania, in order to help the settlement of the Rumanian debt to this country's bondholders.

Mr. George Thomson

The question of taking Rumanian oil cannot be separated from an acceptable settlement of the outstanding claims. I do not accept any implication that a settlement of the Rumanian bonded debt has been impeded by any aspect of oil companies' or other claims.