HC Deb 26 November 1979 vol 974 cc429-30W
32. Mr. Hannam

asked the Secretary of State for Energy when he expects to be able to announce detailed plans for the introduction of private capital into the British National Oil Corporation.

Mr. Gray

As my right hon. Friend previously told the House we are currently considering a number of options for achieving our objective of introducing private capital into BNOC's oil producing business. My right hon. Friend will be making a statement on this in due course.