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UK Can Get More From Oil, Gas With Faster Tax Change, Lobby Says

GenevaTimes by GenevaTimes
September 1, 2025
in Business
Reading Time: 1 min read
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Still, faster changes could unlock about £41 billion of additional capital investment through 2050, resulting in raising output by extra 2.5 billion barrels of oil equivalent to 6.01 billion barrels over that period, it said. By contrast, a delay in the implementation may lead to an accelerated decline of production at critical hubs, the OEUK said. 

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