HC Deb 08 December 1980 vol 995 c220W
Mr. Skeet

asked the Secretary of State for Energy what funds are now standing in the national oil account; and what is the extent of transfers to the Consolidated Fund during the past year.

Mr. Gray

The closing balance of funds in the national oil account on 30 November was £219.9 million. Since 1 December 1979 there has been one transfer to the Consolidated Fund of £800 million, on 31 March 1980.