HC Deb 11 July 1974 vol 876 c557W
Dr. Phipps

asked the Secretary of State for Energy what are his Department's latest estimates of the shares of proven and probable oil and gas reserves in commercial finds in the United Kingdom Continental Shelf accruing to British interests and the public sector in the United Kingdom.

Mr. Varley

The information is as follows:

British Share of total reserves Per cent. Public Sector Share of total reserves Per cent.
Oil 50 16
Gas 27 14

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