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Old 21-03-2013, 20:53   #224
Chris
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Re: Will Scotland Leave the UK?

Quote:
Originally Posted by Russ View Post
The Scots don't own the oil though IIRC, Westminster does? The fact it runs through Scotland is just a logistic matter. If the Scots did leg it I'm sure they'd request a 'handling fee' to process the oil. Which of course should not be too high otherwise Dave will just build a pipe around Scotland and get it direct.
The oil belongs to the country whose territory is above it. Which in the case of North Sea oil, would be Scotland, for the most part. With an international maritime boundary drawn between Scotland and England, about 80% of the oil fields would be in Scottish territory.
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