Minister Grants Pipeline to Oil Group U NITED KINGDOM OIL PIPELINES
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LTD. is to be allowed to build the projected pipeline between the Thames and the Mersey.
Announcing this in the Commons last week, Mr. Richard Wood, the Minister of Power, said he had allowed the application because it offered the prospect of greater economies in the cost of transporting oil than the scheme put forward by Trunk Pipelines Ltd. The companies in the group— ShellMex and B.P. Ltd., Esse. Mobil. Petrofina and Regent— supplied about nine-tenths of the light oil products consumed in the areas to be served by the pipeline. There was thus assured support for this scheme from all the major users, said Mr. Wood, and most of the other potential users preferred this scheme.
Mr. Wood recalled that the Trunk Pipelines scheme was designed to follow canals and railways, and to produce some revenue for the transport boards. Against this, he said, the other scheme was likely to cost between £2m. and £3m. less.