HC Deb 14 February 1980 vol 978 cc732-3W
Mr. Austin Mitchell

asked the Secretary of State for Energy whether he will circulate a table in the Official Report showing (a) the average increase since 1972 in the £ sterling cost per ton in cash terms of crude oil used in United Kingdom refineries, (b) the corresponding figures for the wholesale price of the principal petroleum products including naphtha net of all taxes and (c) details of (a) and (b) for France and the Federal Republic of Germany.

Mr. Gray

Table 1 below shows

  1. (i) the increase in the average cost per ton in Sterling of crude oil acquired for United Kingdom refineries between the year 1972 and Q3 1979, and also between the year 1973 and Q3 1979, with the corresponding increases in the average cost per ton in sterling of imported crude oil for France and the Federal Republic of Germany;
  2. (ii) the increase in the £ sterling per ton of the United Kingdom manufacturers average Net Selling Value, ex-

TABLE 1
(i) CRUDE OIL
Average cost £/ton
Percentage increase
1972 1973 Third quarter 1979 From 1972 to third quarter 1979 From 1973 to third quarter 1979
United Kingdom refinery acquisitions 8.89 11.60 73.70 729 535
Federal Republic of Germany imports cif 9.08 12.89 76.20 739 491
France imports cif 9.04 10.80 66.97 641 520
(ii) Petroleum Products in the United Kingdom
Manufacturers average net selling value £/ton Percentage increase from 1973 to third quarter1979
1973 Third quarter 1979
Motor spirit 25.0 134.7 439
Aviation kerosene 17.4 107.6 518
Burning oil 16.9 127.5 654
Gas/Diesel oil 18.0 114.9 538
Fuel oil 9.4 58.0 517
Bitumen 12.5 65.3 422
Naphtha 13.4 121.0 802
Table 2
Overall ex-refinery netbacks
First quarter 1977 Third quarter 1979
United Kingdom 100 146
Federal Republic of Germany 100 150
France 100 130
N.B. Indices in National currencies converted to Sterling equivalent.