§ Mr. Martenasked the Chancellor of the Exchequer whether loans of (a) £18 million for the extension of the natural gas distribution network in Great Britain, (b) £5 million for oil exploration and production techniques in the North Sea, and (c) £10 million for a new oil-fired power station at Peterhead, from the European Community Investment Bank, were made before 1st November 1974; and whether he will make a statement on these loans.
§ Mr. DellNo loans were made by the European Investment Bank before 1st November 1974 for the extension of the natural gas distribution network in Great Britain, or to United Kingdom Companies or institutions for oil exploration and production techniques in the North Sea. A £10.4 million loan from the European Investment Bank to the North of Scotland Hydro-Electric Board for the power station at Peterhead was signed on 30th May 1974.