| Heading: |
Offshore Industry |
| Question ID: |
1784666 |
| UIN: |
HL5775 |
| House: |
Lords |
| Date tabled: |
2025-03-13 |
| Asking Member ID: |
4529 |
| Asking Member display name: |
Lord Mackinlay of Richborough
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| Asking Member handle: |
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| Asking Member Twitter reference: |
Lord Mackinlay of Richborough
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| Member interest: |
false |
| Question text: |
To ask His Majesty's Government what assessment they have made of the impact of the proposed ban on issuing new licences to explore oil and gas fields on investment, jobs, tax revenue and the balance of payments. |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-03-21 |
| Date answer corrected: |
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| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4559 |
| Answering Member display name: |
Lord Livermore
|
| Answering Member handle: |
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| Answering Member Twitter reference: |
Lord Livermore
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
Forecasts for oil and gas tax revenues are published by the Office for Budget Responsibility (OBR), which take into account many factors including the sector’s expectations and the Government’s policy at the time. The most recent forecast was published at... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |