UK HM Treasury has launched an open consultation on the long term oil and gas fiscal regime, Oil and Gas Fiscal Regime Review: Call for Evidence. The consultation closes at 11:59 pm on 11 September 2023.
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Introduction
In the 2022 Autumn Statement, the Chancellor announced a review into the long-term fiscal regime for oil and gas to ensure the regime delivers predictability and certainty, supporting investment, jobs and the country's energy security.
The current fiscal regime that ap…