§ 34. Mr. Millanasked the Secretary of State for Trade and Industry what is his estimate of the production of North Sea oil in 1975 and 1980, respectively, and the revenues accruing to the Government in those years.
§ Mr. EmeryThere are good hopes that production will reach 25 million tons a year by the mid 1970s trebling by 1980. The corresponding revenues are about £25 million and £80 million.