HC Deb 20 July 1976 vol 915 cc447-8W
Mr. Skeet

asked the Secretary of State for Energy what is the Government's policy to OPEC's declared intention of relating the price of natural gas to that of oil; and in United Kingdom terms what are the implications involved.

Dr. J. Dickson Mabon

Since the OPEC Governments' statement of June 1975 I have seen no evidence of concerted OPEC action in this respect, although Press reports indicate that individual OPEC members are seeking higher prices when negotiating new contracts. United Kingdom imports from these sources consist of small quantities of LNG under long-term contracts made by the British Gas Corporation. In any future negotiations the corporation will seek to secure a fair price.

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