questionText: To ask the Chancellor of the Exchequer, what the estimated tax receipts will be from (a) North Sea oil and (b) North Sea oil landed via the Forties pipeline on an annual basis from 2024 to 2030.
answerText: The Office for Budget Responsibility’s most recent forecast of tax revenues from the oil and gas sector was published at Autumn Statement 2023 in the Economic and Fiscal Outlook November 2023. It can be found at: https://obr.uk/docs/dlm_uploads/E03004355_...
heading: North Sea Oil: Taxation