HC Deb 20 November 1979 vol 974 c128W
Mr. Skeet

asked the Secretary of State for Energy in what manner the practice of the British National Oil Corporation differs from companies in the private sector in the pricing of crude oil.

Mr. Gray

I understand that BNOC negotiates prices of crude oil with its customers on an individual basis having regard to the market prices prevailing for similar crudes. I believe the private sector companies' practices are similar.

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