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The question mark over the UK government's oil revenue 'take'
- Source: First Break, Volume 15, Issue 11, Nov 1997,
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- 01 Nov 1997
Abstract
What is the 'appropriate' share of profits from the UK's oil and gas operations referred to by the new Labour government? Ministers say they want to maintain a high level of oil industry interest in the development of future reserves. First Break reports on an assessment by analyst company Wood Mackenzie of the present UK fiscal regime.
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