26 April 2024
Oil and Gas UK warns £12 billion of investment may be deferred due to offshore tax
Publication date: 27 May 2011
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
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A study undertaken for industry organisation Oil and Gas UK has suggested that £1visual_editor billion of investment in the North Sea might not go ahead if the Treasury does not introduce measures to reduce the impact of a tax hike introduced in the visual_editor011 Budget.