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Oil agreement

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EMBARGO: Not for release before p .m. Sunday, 17th November, 1968 OIL AGREEMENT

During the proceedings at the recent Conference in Canberra

between the Oil industry and the Customs Department, it emerged

that the result of a discussion between the Government and

Esso-B.H.P. had been set out in the form of an Agreement.

The conditions of thisAgreement have not been disclosed to

any other member of the Oil industry.

Secret transactions between the Government and a commercial

enterprise which could result in financial burdens to the

community cannot be tolerated, and I earnestly request that

the Prime Minister make public the contents of any such

Agreement, otherwise it is inevitable that grave and perhaps

unfounded suspicions could arise.

V. C. Gair, (Senator the Honorable) Parliamentary Leader D.L.P._ Member, Senate Select Committee on Off-shore

Petroleum Resources.

Sunday, 17th November, 1968