HC Deb 16 January 1974 vol 867 c129W
Mr. Skeet

asked the Secretary of State for Foreign and Commonwealth Affairs whether the British Government have entered or are contemplating entering into an agreement with Saudi Arabia for the supply of crude oil.

Mr. Blaker

Her Majesty's Government are exploring with the Government of Saudi Arabia the possibility of securing oil supplies at agreed levels in conjunction with assistance to Saudi Arabia in the field of industrialisation. No agreement has yet been signed.