UK Parliament / Open data

North Sea Oil and Gas (Employment)

The Minister is making an important point about the value of decommissioning, but we really want that to be as far away in the future as possible. The crucial thing is to sustain production. I would be grateful if he took the message back to the Treasury that when people drill for oil, they take a big risk, and if they find something, they would like a larger share of what they find as a reward. The supplemental tax needs serious review.

Type
Proceeding contribution
Reference
591 c54WH 
Session
2014-15
Chamber / Committee
Westminster Hall
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