Archive

Large scale document archive

1982 Jan 14 - 1985 Nov 12
Prime Ministerial Private Office files

PREM19/1474
Energy (Future of British National Oil Corporation (BNOC): flotation of Britoil, BNOC oil-producing business) (Part 5)

Source: TNA, PREM19 series
Release date: 2014 Dec 30
Classification: Secret
Page count: 282
Any docs withheld? 5
Themes: Energy, Industry, Privatized & state industries, Public spending & borrowing, Taxation, Trade

PREM19/1474 - download whole file (PDF, 48.34 MB)

Selections from this file

Showing items 21 - 40 of 44

Date Value Title
83 Dec 14 We Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC: 1984 First Quarter Prices") [approves proposal to retain existing prices, despite risks] [declassified Dec 2014]
84 Mar 14 We Major Energy: Peter Walker letter to Chancellor of the Exchequer ("BNOC: Second Quarter Prices") [no change, for most part, to prices, following revival in demand] [declassified Dec 2014]
84 Jun 6 We Major Energy: No.10 Policy Unit minute to Andrew Turnbull ("BNOC") [disagrees with Walker argument for rentention and review in 2 to 3 years; argues for abolition] [declassified Dec 2014]
84 Jun 13 We Major Energy: Peter Walker letter to Chancellor of the Exchequer ("BNOC Review") [Walker endorses conclusion of multi-Departmental officials' report arguing for rentention, with review in 2 to 3 years] [declassified Dec 2014]
84 Jun 15 Fr Major Energy: Andrew Turnbull minute to MT (BNOC Review) [Walker argues for rentention, with review in 2 to 3 years; Policy Unit argues for abolition; Lawson undecided; MT sees retention as lesser of two evils] [declassified Dec 2014]
84 Jun 21 Th Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC Review") [agrees to retaining BNOC at present size & with current objectives for the present, and to review in two or three years' time] [declassified Dec 2014]
85 Mar 5 Tu Major Energy: No.10 Policy Unit briefing for MT ("Abolition of BNOC") ["The immediate priority is to scale down BNOC's loss-making participation contracts as fast and as far as possible before legislation is required"] [declassified Dec 2014]
85 Mar 6 We Major Energy: No.10 record of conversation (MT, Lawson, Howe, Walker, Buchanan-Smith) ["BNOC": options for, and announcement regarding future; privatisation of the Government Pipeline System] [declassified Dec 2014]
85 Mar 8 Fr Major Energy: Peter Walker minute to MT ("BNOC") [announcement of run-down; scheduling of legislation to enable abolition; Government pipeline system/national security; royalty in kind] [declassified Dec 2014]
85 Mar 11 Mo Major Energy: Howe minute to Peter Walker ("BNOC") [no objections to Walker announcing abolition of BNOC, subject to informing other interested governments in advance; anticipates negative reactions from oil producers] [declassified Dec 2014]
85 Mar 12 Tu Major Energy: Chancellor of the Exchequer minute to MT ("BNOC") [supports Walker's draft announcement to Parliament on run-down of BNOC; pipeline/royalty in kind] [declassified Dec 2014]
85 Mar 12 Tu Major Energy: Heseltine letter to Peter Walker ("BNOC") [Government Pipeline System: problems posed by privatisation; alternative options] [declassified Dec 2014]
85 Mar 13 We Major Energy: Chancellor of the Exchequer PS letter to Peter Walker ("BNOC") [Lawson comments on draft announcement to Parliament on run-down of BNOC] [declassified Dec 2014]
85 Mar 18 Mo Major Energy: Peter Walker letter to Chancellor of the Exchequer ("BNOC's Prices for March and the Second Quarter") [draft telex for BNOC to suppliers, following announcement in Parliament that BNOC is to be abolished] [declassified Dec 2014]
85 Mar 18 Mo Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC's Prices for March and the Second Quarter") [supports move to market-related pricing; requests redraft of BNOC telex to suppliers, to "convey greater urgency and enthusiasm about the run-down"] [declassified Dec 2014]
85 Mar 19 Tu Major Energy: Peter Walker letter to Chancellor of the Exchequer (BNOC Prices for March 1985) ["We have succeeded in making the announcement on BNOC [abolition] with the minimum of disruption in the market... would be disastrous suddenly to announce a lower price for March"] [declassified Dec 2014]
85 Mar 20 We Major Energy: No.10 Policy Unit briefing for MT ("BNOC's Price for March") ["We would side with Peter Walker and not risk impeding progress in the last lap"] [declassified Dec 2014]
85 Mar 20 We Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC's Price for March") ["we should move to market related pricing... not convinced that the oil companies would mount a legal challenge"] [declassified Dec 2014]
85 Mar 20 We Major Energy: Howe minute to Peter Walker ("BNOC Prices") ["I agree BNOC should move to market pricing"; announcement of BNOC abolition] [declassified Dec 2014]
85 Mar 21 Th Major Energy: No.10 record of conversation (MT, Lawson, Howe, Walker) ["BNOC's Price for March"] [declassified Dec 2014]