§ Mr. Kennedyasked the Secretary of State for Energy if he will assess the effect on the viability of marginal oilfields and further North sea development work of the immediate repayment of advance petroleum revenue tax, and if he will make a statement.
§ Mr. Buchanan-SmithA number of oil companies have raised with me issues concerning the APRT and its effects on their cash flows and ability to fund existing and new United Kingdom continental shelf developments.