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UK Oil and Gas Group Says Earlier Tax Shift Could Raise £14.9 Billion

A new fiscal regime in the UK from 2027 could deliver an additional £14.9 billion, or $20 billion, to Britain’s revenues, the leading offshore industry group said in its annual Economic Report…

  • Earlier tax shift could raise £14.9 billion for UK treasury
  • OEUK urges government to implement tax change by Jan 2027
  • OGRL proposes 35% levy on oil/gas revenues above $90/barrel

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