Economy: Alan Walters diary (Gas pipeline) [pipeline deliberations][released 2012]
| Document type: | Declassified documents |
|---|---|
| Source: | Walters MSS (Churchill Archives Centre): WTRS3/1/1 |
| Editorial comments: | Read other entries from this diary. View all Walters documents. The original diary can be studied here |
| Importance ranking: | Major |
| Word count: | 76 |
| Themes: | Monetary policy |
Friday 4th September 1981
GGP
Many of arguments (e.g. that Multiple will ignore some profitable small pockets of gas) hinge on the fact that oil companies do not act in their own interests.
GGP ensure ethane - but who wants it and why would it not be built if profitable.
Robin Ibbs essentially said that GGP was not worth the risks involved so much money