MIL-OSI Energy: UK oil and gas operators will pay £7.8bn in tax this year – a 20-fold increase worth £279 per household, Offshore Energies UK tells ministers

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Source: Oil and Gas UK – Press Release/Statement:

Headline: UK oil and gas operators will pay £7.8bn in tax this year – a 20-fold increase worth £279 per household, Offshore Energies UK tells ministers

The UK’s oil and gas industry will pay £7.8 billion in taxes this year – a significant boost for the UK Treasury and roughly equal to 1% of the nation’s entire tax revenue Offshore Energies UK (OUEK) has told the government.

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