HC Deb 21 July 1977 vol 935 cc710-1W
Mr. Cronin

asked the Chancellor of the Exchequer if he will give estimates of the approximate saving to the balance of payments of North Sea oil production in 1977, 1978, 1979 and 1980.

Mr. Robert Sheldon

Estimates of the approximate saving to the balance of payments of North Sea oil production were given in the July 1976 issue of the Treasury's Economic Progress Report. Work is now in hand to update these estimates and the results will be published when they are ready.

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