§ Mr. Peter Emeryasked the Chancellor of the Exchequer whether products landed in the United Kingdom as an outcome of the drilling operations in the North Sea will be treated for the purposes of tax, customs and excise duties as though the product had been obtained from drilling in Great Britain.
§ Mr. MacDermotI assume the Question relates to import and revenue duties levied by Customs and Excise. On hydrocarbon oils, with a minor exception the rates of duty are the same whether the oil is obtained from drilling in Great Britain or the North Sea. There is no import or revenue duty on natural gas classified as methane.