VOL XXVIII

NO.25

1-APRIL-1985

PARRA ON ROLE OF NORTH SEA

The following comments on the significance of North Sea oil were sent to theBritish House of Commons' Select Committee on Energy by Mr. Alirio Parra,Director of Petroleos de Venezuela (UK), in reply to questions submitted by thecommittee to PDV (UK). Mr. Parra's comments were made before the announcement ofthe British Government's decision to abolish BNOC.

1. OPEC's perspective of the role of North Sea oil in determining world oilprices.

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