§ Mr. Shoreasked the Secretary of State for Energy what arrangements he has made when privatising publicly owned shares in Britoil to ensure that it remains in majority British control.
§ Mr. Buchanan-SmithThe Government have a special share giving them powers to prevent unacceptable changes in control.
§ Mr. Shoreasked the Secretary of State for Energy what was the profit of Britoil in the financial year preceding privatisation.
§ Mr. Buchanan-SmithBritoil's profits after tax for the seven months to 31 July 1982 were £ 61.8 million.