HC Deb 10 June 1986 vol 99 c108W
Q32. Mr. Kennedy

asked the Prime Minister if, in view of the effect of lower oil prices on North sea developments, she has plans to introduce any alterations to the fiscal regime governing oil-related activity; and if she will make a statement.

The Prime Minister

I am not convinced that the effect of lower oil prices on North sea developments requires any easing of the fiscal regime governing oil-related activity. We shall, however, continue to keep the position under review.