HC Deb 11 May 1981 vol 4 c205W
Mr. Skeet

asked the Secretary of State for Energy whether he is satisfied that a joint body involving the British National Oil Corporation and the British Gas Corporation and engaged in the marketing of natural gas liquids will make their products available at rates comparable with direct purchases from the producers on the continental shelf.

Mr. Gray

I expect commercial negotiations to produce equitable terms for the purchase of natural gas liquids, whether the seller is the partnership of the British National Oil Corporation and the British Gas Corporation or another licensee. Price will, of course, be only one element of complex contractual terms which may vary significantly according to the circumstances of the particular buyers and sellers.