Oral Answers to Questions — British Oil Industry (Revenue)

– in the House of Commons am 12:00 am ar 7 Awst 1947.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Frederick Erroll Mr Frederick Erroll , Altrincham and Sale 12:00, 7 Awst 1947

asked the Chancellor of the Exchequer, what is the total revenue derived from the sale abroad of oil accruing from the world-wide operations of the British oil industry; and what expenditure of foreign currency in the form of concession fees, royalties, foreign equipment, labour and other local services is involved in securing this revenue.

Photo of Mr William Hall Mr William Hall , Colne Valley

In 1946, sales about £100 millions. There are no figures to show what part of the industry's foreign exchange expenditure is related to these sales.