HC Deb 06 April 1977 vol 929 cc513-4W
Mr. Skeet

asked the Secretary of State for Energy if he will give the percentage holdings of all the participants in Gas Gathering Pipe Lines (North Sea) Ltd, and the expected date of the company's report.

Dr. J. Dickson Mabon

As my right hon. Friend announced in answer to my hon. Friend the Member for Dunbartonshire, West (Mr. Campbell) on 1st April, the private sector participation in Gas Gathering Pipelines (North Sea) Ltd. has now been agreed. Four companies, BP, ICI, RTZ and Total/Elf, will hold one-third of the shares equally divided between them. The remainder of the shares will be held by British Marine Pipelines Ltd., a public sector holding company jointly owned by the British Gas Corporation and the British National Oil Corporation.

GGP has been asked to submit an initial report to my right hon. Friend by 31st December 1977, updated by the end of March 1978.