§ 41. Mr. Edwin Wainwrightasked the Secretary of State for Energy if he will make a statement on progress to date in the disposal by the British Gas Corporation of its share of the Wytch Farm oilfield.
§ Mr. John MooreMy right hon. Friend met the full board of the corporation on 30 March to discuss the offers received for the corporation's 50 per cent. share in PL 089, which includes the Wytch Farm oilfield. He explained that the Government had considered carefully with their advisers the advice put to it by British Gas and had decided that it was both commercially justifiable and in the national interest for the corporation to take forward negotiations with the Dorset Group of independent British oil companies. He instructed the corporation to proceed accordingly and they undertook to do so.