§ Mr. Skeetasked the Secretary of State for Energy (1) what is the basis of compensation the Government proposed for the transfer to the British National Oil Corporation or other State corporations of the following interests of the National Coal Board in the North Sea: participations in the Dunlim Field extension (Block 211/24), Hutton Field (211/28), Thistle Field extension (211/19), Viking Gas Field (49/12 and 47/13);
(2) whether it is proposed to compensate the NCB for the transfer of its assets 139W in the North Sea on the basis of actual costs incurred to the date of transfer or on the market value of the assets involved.
§ Mr. VarleyThe arrangements to be made in connection with the transfer of the National Coal Board's Continental Shelf interests to the British National Oil Corporation are a matter for discussion between the Government and the board.