United Kingdom · Question · Written question
UIN 13805
Fossil Fuels: Finance
Introduced
8 February 2024
Last action
23 February 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
23 February 2024
Summary
To ask the Chancellor of the Exchequer, whether his Department is taking steps to support oil and gas firms to use reserve-based lending to access private finance.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
8 February 2024
Written question
To ask the Chancellor of the Exchequer, whether his Department is taking steps to support oil and gas firms to use reserve-based lending to access private finance.
Source: Commons
23 February 2024
Answer
The Energy Profits Levy (EPL) was introduced on 26 May 2022 to respond to exceptionally high prices that meant oil and gas companies were benefiting from unexpectedly high profits. The EPL balances ensuring the oil and gas sector pays its fair share while...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-02-08/13805
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1688523
- uk · wq-1688523 · source updated 23 February 2024