HC Deb 30 October 1980 vol 991 cc329-30W
Mr. Skeet

asked the Secretary of State for Energy what would be the effect on industrial gas pricing if the gas price was related to fuel oil rather than gas oil for firm contracts; and which European Community States in fact relate industrial energy prices to fuel oil.

Mr. Norman Lamont

The effects of relating the price of firm gas supply contracts generally to fuel oil, rather than gas oil, would include lowering the price; increasing demand; and reducing the British Gas Corporation's revenues.

Gas prices to industry in a number of European Community States, including the Federal Republic of Germany, France, Italy and the Netherlands, increase in part in line with increases in fuel oil prices, although the relationship of gas prices to fuel oil prices is not necessarily a direct one.

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