EventsEventsPodcasts
Loader
Find Us
ADVERTISEMENT

UK government "fleshing out details" of oil, gas producer windfall tax

UK government "fleshing out details" of oil, gas producer windfall tax
UK government "fleshing out details" of oil, gas producer windfall tax Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
Share this articleComments
Share this articleClose Button

LONDON - The British government is still "fleshing out details" of a special tax on North Sea oil and gas producers announced last month, energy minister Kwasi Kwarteng told a conference on Thursday.

Finance minister Rishi Sunak is due to meet with executives of the oil and gas sector on Thursday to discuss the levy, which Harbour, the country's biggest oil and gas producer, has said will hurt investment.

A public consultation on the bill runs until June 28, according to a government website.

Share this articleComments

You might also like

Olympics athletes arrive in Paris ahead of opening ceremony

At least 146 killed in mudslides in southern Ethiopia

First F-16 fighter jets arrive in Slovakia from the US