Bill Esterson MP: written questions
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Written questions
Offshore Industry: TaxationTreasuryTabled 2 Sept 2026AnsweredUIN 901230More
Question: To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of changes to taxation on oil and gas production in the North Sea.
Answer: When the Energy Profits Levy comes to an end, either in March 2030 or earlier if the price floor triggers, it will be replaced by the permanent Oil and Gas Revenue Levy which will operate to ensure oil and gas companies continue to pay their fair share in...
Answered 8 Sept 2026
Original Parliament record
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