§ Mr. Ernie Rossasked the Secretary of State for Energy how many oil companies have applied for a waiver or refund on the amount of royalty they pay on North Sea oil production; how many have been granted; and what is the estimated cash value of such waivers or refunds.
§ Mr. GrayThree licensee groups, comprising a total of 16 companies, have applied for repayments of royalty under section 41(3) of the Petroleum and Submarine Pipelines Act 1975 in respect of three fields. No repayments of royalty have been agreed.