HC Deb 22 November 1971 vol 826 c261W
Mr. Donald Stewart

asked the Secretary of State for Trade and Industry what is the total revenue received to date from the sale of mineral exploration rights in the Scottish sector of the North Sea; and what are the future expectations from revenue from this source.

Mr. Ridley

A sum of £38.7 million has been received since 1964 by way of considerations for the grant of off shore licences. Further revenue will be due in the future, but it is not possible to predict its level at the present time.

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