§ 48. Mr. Canavan
asked the Chancellor of the Duchy of Lancaster when he now hopes to complete his negotiations with the oil companies on participation.
§ Mr. Lever
Negotiations with a number of the licensees are making progress and seven companies have now agreed to participation in principle. The seven are BP, Burmah, Deminex, Tricentrol, Blackfriars Oil, London and Scottish Marine Oil, and Scottish Canadian Oil and Transportation; the last two of these have announced proposals to merge.