HC Deb 07 February 1986 vol 91 c281W
Mr. Wallace

asked the Chancellor of the Exchequer what proportion of gross national product is represented by oil revenues; and if he will make a statement.

Mr. Moore

The value of total sales of North sea oil and gas, net of costs, is estimated to have been 5 to 6 per cent. of our gross national product in 1985.