Investment in Uk's Oil and Gas Falls by Pounds 1bn

Western MailJuly 05, 2007

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Summary


Expenditure in Britain's oil and gas industry is expected to fall by at least pounds 1bn this economic year, according to a report yesterday.

The impact of higher costs and taxation is adversely affecting the UK's ability to retain its international competitiveness and continue to attract investment, said Oil & Gas UK.

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Investment in Uk's Oil and Gas Falls by Pounds 1bn

The organisation, which represents the UK's oil and gas industry, is predicting a fal...

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