Fossil Fuels: North Sea

Summary

To ask the Secretary of State for Energy Security and Net Zero, what estimate he has made of the (a) amount of oil and gas that the North Sea will produce in each year until 2060 and (b) tax revenue generated from that oil and gas (i) directly from North

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Timeline

1. 29 July 2024

   Written question

   To ask the Secretary of State for Energy Security and Net Zero, what estimate he has made of the (a) amount of oil and gas that the North Sea will produce in each year until 2060 and (b) tax revenue generated from that oil and gas (i) directly from North

   Source: Commons

2. 2 September 2024

   Answer

   The North Sea Transition Authority publishes UK oil and gas production projections to 2050 and the OBR’s latest forecasts for oil and gas tax revenues up to 2028/29 was published in the March 2024 Economic and Fiscal Outlook. Future years will be included...

   Source: Written answer

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• · Department for Energy Security and Net Zero · Answering body

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