§ Mr. Bruce-Gardyneasked the Secretary of State for Energy what estimate he has made of the proportion of North Sea oil accruing to the British National Oil Corporation 304W scheduled for export under long-term contracts.
§ Mr. GrayI am advised that BNOC has no export contracts for UKCS oil with a term of more than one year. Most existing contracts were agreed in 1978 and thus have less than 6 months still to run.